Be aware of these 5 types of project risks before starting

All project involve some risk

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

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Here are 5 common types of project risk are

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

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

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

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

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

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