Managing Risks During Project Realization

Risk management is an essential aspect of project realization. Identifying potential risks early on allows teams to develop mitigation strategies that can prevent delays and budget overruns. Regular risk assessments should be conducted throughout the project lifecycle.

Common Risks

• Scope Creep: Uncontrolled changes in project scope.
• Resource Availability: Lack of necessary resources.
• Technical Challenges: Issues with technology or tools.

By proactively managing these risks, teams can enhance their chances of successful project realization.