Risk Management

In project management, contingency reserve is often interchanged with management reserve. While the former is defined as the planned amount...

There is an old and long followed adverb that says that “When opportunity knocks, you had better answer.” In that...

In an effort to consolidate efforts and eliminate redundancies, it is often the case that it makes sense to merge,...

Similarly to its counterpart path convergence, path divergence plays a significant and important role in the life of a project...

The Perform Quantitative Risk Analysis is a project management process that numerically analyzes the effects of identified risks on the...