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Opportunities & Threats - PMBOK 7th edition

Balancing project opportunities and threats.

This topic explores identifying, analyzing, and responding to project opportunities and threats, emphasizing risk management strategies and proactive problem-solving.

Covers the critical aspect of risk management, focusing on maximizing opportunities and minimizing threats to achieve project objectives.

Concepts covered: Risk Velocity, Risk Attitude, Risk Trigger, Positive Risks (Opportunities), Contingency Reserve, Negative Risks (Threats), Residual Risk, Secondary Risks, Risk Threshold

Time: 5 minutes   Questions: 5

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