Unformatted text preview: ct or an
organization is influenced by a certain risk
consequence is “relative”.
Think how this could affect the “Go/No-Go decision”
for a given project. Dr. Maged Ezzat Georgy Risk
Risk triggers are “signs” that a risk event is about to
A risk trigger signals that something more relevant to
the project is on the horizon. Dr. Maged Ezzat Georgy Risk Triggers
The following could be triggers for the risk “late
delivery of equipment shipped from overseas”:
◦ Complexities in arrangements with the shipping
◦ Changes in customs procedures. Dr. Maged Ezzat Georgy Managing
Managing Project Risks
Projects need to meet specific goals.
This is how a project will be judged, whether
completed successfully or not.
Risks (obviously the ones with negative
consequences) are what may prevent a project
manager from achieving these goals. Dr. Maged Ezzat Georgy Managing Project Risks
Unfortunately, understanding/managing risks is
sometimes skipped (or at least poorly handled) on
small- and medium...
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