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What's the difference between Risk and Issues in Project Management ?

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Question added by Rizwan Mirza , IT Project Manager / Agile Scrum Master , UnitedHealth Group (UHG)
Date Posted: 2014/04/17
Mohamed Hamdy Kamal Riad
by Mohamed Hamdy Kamal Riad , Senior Solution Architect , IBM

A Risk is an potential issue .

So before happening it is a risk.

After Happening it's an issue

Shabbir Taiyabi
by Shabbir Taiyabi , IT Security and Compliance Officer , Hamad International Airport

Risks are potentail threat or opprtunities whereas issues are treated as event already occurred.

For Risk management you will have response plan in terms of accepting the risk, avoiding it, transferring it or mitigating it.

On other hand for issue you need to take immediate actions to resolve it or escalate it.

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