Confused by the terms inherent risk, contingent risk, and residual risk? This video explains the differences clearly and simply.
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Project Managers know that projects are risky. Project risk management is therefore a vital discipline. Indeed, a focus on project risk is a sign of real project management maturity. So, it’s crucial. What is Project Risk Management? Dr Mike Clayton is founder of OnlinePMCourses.com. Here, he answers this question, in under 5 minutes.