Minimize the Consequences
Minimize the consequences of adverse situations on the project
Being good at risk mitigation takes creativity. Often times it involves seeing the situation in a different way, identifying a variety of possible solutions, and being willing to try something new or different. This at times can be a challenge. However, when it comes to mitigating project risk, being open to new ideas and asking others for input is an essential component to anyone's success. Risk mitigation is about identifying actions you and the project team can take to minimize the negative impact or consequences of a particular project risk. While there are a few ways you can approach this task, we have identified a short and simple process to help you get there. By completing this course, you will know how to minimize the consequences of adverse situations on the project. This course has been approved for 1 hour of PDU credit from PMI (Project Management Institute).
- 10 minutes