Be aware of these 5 types of project risks before starting

All project involve some risk

But by identifying it, you can mitigate or prevent it in your project

Here are 5 common types of project risk are

1. Scope Creep: It changes in project scope that occur after the project has started.

2. Schedule Risk: Risks associated with the project timeline and deadlines.

3. Cost Risk: Risks related to budget overruns and unexpected expenses.

4. Resource Risk: Risks associated with the availability and allocation of resources.

5. Quality Risk: Risks related to the quality of deliverables and project outcomes.