Risk management sets up projects for success by providing a clear understanding of what is possible within normal operating procedures and what might be a stretch to achieve.

Question

Quizplus · Accepted Answer

Risk management helps to identify potential obstacles and uncertainties in a project, allowing for proactive planning and mitigation strategies. By understanding and addressing these risks, projects can be better positioned for success within the boundaries of normal operating procedures, while also identifying opportunities for innovation and growth.

Risk Management Sets Up Projects for Success by Providing a Clear