#258 – WHY RISK MANAGEMENT IS A KNOWLEDGE CORNERSTONE – JOHN AYERS

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The four knowledge cornerstones of project risk management are:

  • Project Management
  • Earned Value Management
  • Risk Management
  • Subcontract Management

Why are these called the four cornerstones? Each cornerstone addresses a primary risk source as shown in Table 1. This article address risk management. The remaining cornerstones will be addressed in separate articles. Continue reading