Article | REF: SE2040 V1

Project risk management

Author: Alain DESROCHES

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

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1. General

1.1 Definition of project activity

Unlike a business activity, which has no scheduled end date, a project activity has scheduled start and end dates, usually contractual. One of the project's objectives is to meet these dates.

Depending on the nature and importance of the product to be developed, several types of project are possible in terms of internal organization, external stakeholders and management of contractual interfaces.

Generally speaking, a project activity can be defined as a system made up of five subsystems (or stakeholders for four of them):

  • the customer: the decision-making entity that finances the project; it may be the project owner...

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