The process of identifying, assessing, and prioritizing risks to minimize their impact on project objectives.

Decisions made based on data analysis and interpretation rather than intuition or observation.

The systematic approach to identifying, assessing, and mitigating risks to reduce their potential impact.

Plans developed to reduce the impact or likelihood of identified risks.

The process of determining potential risks that could affect project outcomes.

The measurement of risks in terms of probability and impact to prioritize them effectively.

A document that lists identified risks, their assessment, and mitigation strategies.

Methods used to gather data for risk analysis, including surveys and observational studies.

Software or methodologies used to analyze data and derive insights for risk assessment.

Identifying and assessing the influence and interests of stakeholders in a project.

An in-depth examination of a particular instance of risk management to draw lessons.

Evaluating two or more items to identify similarities and differences in risk management approaches.

Using graphical representations to illustrate risk assessments and findings for easier comprehension.

A detailed strategy outlining actions to reduce identified risks.

Fundamental concepts guiding the planning, execution, and closing of projects.

The condition of data based on factors like accuracy, completeness, and reliability.

The ability to convey complex risk analysis findings clearly to stakeholders.

Elements that contribute to the potential occurrence of risks in a project.

Frameworks used to evaluate risks based on their likelihood and potential impact.

The process of making decisions that shape the direction of an organization.

Practical implementation of theoretical concepts in actual business scenarios.

Combining data from various origins to enhance the comprehensiveness of risk evaluations.

A reflective process where learners evaluate their understanding and skills.

Methods used to effectively communicate findings and engage an audience.

The process of comparing estimated risks against risk criteria to determine significance.

The exchange of information about risks and risk management between stakeholders.