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Risk Management

The Risk Management page of the projectcubicle.com includes articles and blog posts for the Project Management Professional ( PMP ) Certification.

Risk Response Strategies for Positive Risks

Risk Response Strategies for Positive Risks

Risk Response Strategies for Positive Risks - Risk is an unforeseen event that may have positive or negative effects on the project's objectives in case of its occurrence. Risks can be...
Assumptions and constraints infographic

Assumptions and Constraints in Project Management

Assumptions and Constraints in Project Management If you are preparing for the PMP Certification exam, most probably you have thought about the examples of project constraints and assumptions and constraints analysis. Many...
Residual Risks vs Secondary Risks examples infographic

Residual Risks vs Secondary Risks

Residual Risks vs Secondary Risks Residual Risks vs Secondary Risks - We face risks in our daily lives. In some cases, we try to avoid them. However, risks are inevitable situations that...
What is Qualitative Risk Analysis Tools, Definition, Examples

Qualitative Risk Analysis Tools, Definition, Examples

What is qualitative risk analysis ? - Risk analysis is one of the most important steps in risk management. Some people think that spending more time with planning could be enough...
Expected Monetary Value Calculation & Expected Monetary Value Examples Analysis and Calculation

Expected Monetary Value (EMV) Calculation

The Expected monetary value analysis (EMV) is an important concept in project risk management which is used for all types of projects to make a quantitative risk analysis. As a risk...
project risk management plan template and example

Risk Management Plan Template and Example

Risk Management Plan Template and ExampleThis article discusses how to write a project risk management plan and offers a project risk management plan template in order to support your risk response...
Quantitative Risk Analysis

Quantitative Risk Analysis Tools, Definition, Examples

During the life cycle of a project, team members encounter different types of risks. Those risks often have negative impacts on the project objectives. However, some of them have positive impacts....
what is risk appetite

Risk Appetite | What is Risk Appetite?

What is Risk Appetite? - Risk Appetite is the degree of risk that an organization is prepared to accept in the wake of its objectives, before action is decided to be...
What is a project risk management plan and How to Write a Project Risk Management Plan

Project Risk Management Plan : A short Guide

People face risks in their everyday life. In a similar manner, project teams, companies, organizations, and even projects face risks in their life cycle. Based on the risk type and circumstances,...
Contingency Reserve vs Management Reserve

Contingency Reserve vs Management Reserve

Have you ever heard contingency budget in project management? Actually, Contingency Reserve vs Management Reserve is an important topic for the PMP Certification exam. You may encounter some questions related to...
Decision Tree Analysis Technique and Example infographic

Decision Tree Analysis Technique and Example

What is the importance of Decision Tree Analysis in project management? Today, we are going to discuss the importance of decision tree analysis in statistics and project management by the help...
Risk Response Strategies for Negative Risks (Threats)

Risk Response Strategies for Negative Risks (Threats)

Risk Response Strategies for Negative Risks (Threats) Risk is an uncertain event or condition which has impacts the project objectives in case of its occurrence. This impact may be positive or negative....