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Yes, every project has its own risks. Risks of market fluctuations, slowing economy, competition, market monopoly by few large companies, legal risks, natural disasters, political disturbances etc
Many of them of highly unpredictable and this is where risk management comes in to picture
i belive so! There is no such thing as "NO-RISK PROJECT". Every project has its own risk, whether big or small; it only differ in intensity. There will be two paths every project go, To Success or To failure. The bigger the project, the riskier it becomes. So Every project has its own risk, it only depends on the team and the leader on how they work for it to make a project successful and far from the risk of failure.
Project of doing nothing is Risk Free,
In the real world risks come in two flavours, Negative and Positive, they have to be tracked, valued, dealt with and respected.
For me: project means change, and change means risk, whether due to making the change or due to accepting the change BUT, we have to be carefull on defining what is risk, as - for sake of discussions - if we have two identical projects running on identical enviornemt does that idicate the two projects will have the same risks listed, I believe identifying risks in projects has a lot to do with the project manager's and team's confidence.
I agree. You may control internal parameter to ensure a project's success but you can't control all external pramaeters.
Of course yes, but in some projects may have a risks can be neglected
Yes, and no life without risk
YES! Every opportunity is risky.
Every project manager will dream to have a project that has no risk of failure :-)
Agreed. There cann't be a "NO RISK" project.
If it has been concluded that the project is not risky then there are definite lapses in planning the project.
yes of course
risk can not be eleminate entirely from business but can be deversify or minmize.
