Project risk Management Processes The goal of project risk management is to minimize potential risks while maximizing potential opportunities project risk management Processes are Risk management planning: deciding how to approach and plan the risk management activities for the project a Risk identification determining which risks are likely to affect a project and documenting their characteristics 2021/2/21 IP2021/2/21 11 Project Risk Management Processes ◼ The goal of project risk management is to minimize potential risks while maximizing potential opportunities. ◼ project risk management Processes are: ◼ Risk management planning: deciding how to approach and plan the risk management activities for the project ◼ Risk identification: determining which risks are likely to affect a project and documenting their characteristics