Project risk Management It tells about the risk management and which techniques need to be follow for reducing the chances of risk.

2. WHAT IS RISK ?
 RISK IS DEFINED AS
UNCERTAINTY CONCERNING THE
OCCURRENCE OF A LOSS.

3. RISK MANAGEMENT
•RISK MANAGEMENT IS THE PROCESS OF
IDENTIFYING, ASSESSING AND
CONTROLLING THREATS TO AN
ORGANIZATION'S CAPITAL AND EARNINGS.

4. THESE THREATS, OR RISKS, COULD STEM FROM A WIDE
VARIETY OF SOURCES, INCLUDING :
• FINANCIAL UNCERTAINTY,
• LEGAL LIABILITIES,
• STRATEGIC MANAGEMENT ERRORS,
• ACCIDENTS AND NATURAL DISASTERS

5. RISK MANAGEMENT STRATEGIES AND PROCESSES
RISK
MANAGMENT
Risk
Identific
-ation
Risk
Analysis
Risk
mitigation
Risk
Monitoring
Risk
assessment
and
evaluation

6. RISK MANAGEMENT APPROACHES
Risk avoidance
Risk reduction
Risk sharing
Risk retaining

7. RISK MANAGEMENT TOOLS
• STRATEGIC AND CAPABILITY RISK ANALYSIS-FOCUSES ON IDENTIFYING,
ANALYZING, AND PRIORITIZING RISKS TO ACHIEVE STRATEGIC
GOALS, OBJECTIVES, AND CAPABILITIES.
• THREAT ANALYSIS-FOCUSES ON IDENTIFYING, ANALYZING,
AND PRIORITIZING THREATS TO MINIMIZE THEIR IMPACT ON NATIONAL
SECURITY.

8. THANK YOU