ABSTRACT
Much of what might be considered unexpected can be anticipated. Risks are problems which have the potential to damage the project’s progress or purpose. From the outset, most projects will promise a certain degree of risk. However, with the right mindset and a supporting process, many risks can be identified, qualified, evaluated and mitigated. Risks, issues, assumptions and dependencies are closely related; management may address them all in a similar way. Chief amongst the mitigations available is contingency. This ensures that there is some time or budget set aside to address risks, issues and changes.
