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.
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