Risk management means making steps in order to identify those risks with a highly probability of causing problems to a project, to analyze the probability of loss and the magnitude of loss for each risk and developing composed risks, to classify the risk points identified according to the...

All the elements of the risk management cycle are important. But risk assessment provides the foundation for all the other elements. In particular, risk assessment represents the basis for establishing the appropriate policies and for selecting the most efficient techniques from the point of...

Risks are inevitable. And because each project has its uniqueness the risks are also different from project to project. The project's degree of success is also given, among other things, by the way in which these risks have been controlled. The process of identification, analysis and control of...

As most of us already know, risk management means making steps in order to identify those risks with a highly probability of causing problems to a project, to analyze the probability of loss and the magnitude of loss for each risk and developing composed risks, to classify the risk points...

We use to define risk as the possibility of suffering a loss. Starting this, risk management is defined as a business process whose purpose is to ensure that the organization is protected against risks and their effects. In order to prioritize, to develop a response plan and after that to...

In order to achieve a competitive advantage, a company has to rapidly identify market opportunities and take advantage of these opportunities in a rapid and efficient manner. More and more companies realize that having large amount of data does not imply a better understanding of the market or...