The Standard for Risk Management in Portfolios, Programs, and Projects : Project Management Institute , 2019
2019
Project Management Institute
"The Standard for Risk Management in Portfolios, Programs, and Projects is an update and expansion upon PMI’s popular reference, The Practice Standard for Project Risk Management.
Risk management addresses the fact that certain events or conditions—whether expected or unforeseeable during the planning process—may occur with impacts on portfolio, program, and project objectives. These impacts can be positive or negative and may cause deviation from the intended objectives. Risk management processes allow for proactively planning to capture opportunities and limit threats."
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