ABSTRACT

Introduction ....................................................................................................259 What Is Risk? ................................................................................................. 260 Risk Categories, Triggers, and the Risk Register ........................................261 €e Relationship of Risk Management between Projects and Programs ... 263 €e Importance of Program Risk Management ........................................ 265 Risk Communication Planning ................................................................... 266 Common Risk Processes, Tools, and Techniques ..................................... 268 What Is E¡ective Risk Management? ..........................................................273 Summary ........................................................................................................ 277 References ....................................................................................................... 277

it drove innovation. Over the course of your career, have you pushed the envelope on a program that advanced your or your company’s knowledge? €is is the same principle as the expeditions of the early explorers; when the outcome is positive, taking risks can yield great benežts.