Article | REF: SE2040 V1

Project risk management

Author: Alain DESROCHES

Publication date: October 10, 2008, Review date: July 1, 2015

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2. Generic risk management

The aim of generic risk management is to identify, analyze, assess and control the risks of project failure associated with the project management process itself.

The five stages of project risk analysis introduced above are detailed below.

2.1 Definition of acceptable generic risks

As already mentioned, performance, safety, financial and schedule objectives must be met by the end of the project. These are generally defined on the basis of feedback from previous projects of a similar nature.

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