Risk is defined as always in the future and is an uncertain event or condition that, if it occurs, has an effect on at least one project objective (usually in the area of scope, budget, or schedule).

As a project manager or a stakeholder on a company endeavor, risk is the one thing you must search and destroy as soon as possible and maintain that attitude throughout the project life cycle as the consequences of not understanding these risks can certainly doom all good intentions on any project. Continue reading →