Risk Management for Project Managers: Concepts and Practices
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Risk is no longer a measure solely restricted to the financial world, where analysts monitor the risk of a financial investment. As stated in the previous chapter, anything that we endeavor in life has a risk factor associated with it. As technology has become an increasingly core aspect of world economies, risk management has come to the fore in recent years. Given the extreme importance of risk, it is inevitable that we must have a formalized theory and approach to the risk management process.