Risk Analysis and Management
Risk Analysis & Risk
ManagementA Quality perspective – Abhilash Gopi.
What is a Risk?
Risk is a possibility that an unfavorable event will occur. It may be predictable or unpredictable.
Components of Risk
Risk has three components. These components need to be considered separately when
determining on how to manage the risk
Components are
• The event that could occur – the risk,
• The probability that the event will occur – the likelilhood,
• The impact or consequence of the event if it ocurs – the penalty (the price you pay). Read more »
PMHut – Project Manager Hut.
Hey Folks, check out my article on RISK ANALYSIS at www.pmhut.com (One of the largest Project management sites in the world).
http://www.pmhut.com/?s=%22Abhilash+Gopi%22
Thank you,
About Me
I am Abhilash Gopi, an eccentric creature on earth and created so by the Almighty.
Hey there!!! I am really very eccentric as my blogname suggests. Wanna get a dose of eccentricity. C’mon.
Welcome to the eccentric place of Abhilash. |
Welcome to the Eccentric Place. |
Such a lovely place, such a lovely place. |
Plenty of room at this eccentric place. |
You can check out anytime you like but you can never leave. |
A place for Software Testing basics, Health Tips and Weight Training tips.
Occupation : Working to enforce better softwares
Hobbies : Painting, Sketching, Poetry, Aero Modelling, Reading, Fitness Freak, Palmistry, Graphology, BreakDancin.
Positive Traits : Emotional, Loving, Intuitive, Imaginative (the reason for my various hobbies), Protective, Sympathetic.
Negative Traits: Cautious, Protective, Moody.
Beware of : My anger (It’s out of the world, but there is a flipside. I have loads ‘n’ loads of patience, so my blowing the cork is a rare phenomenon. Cheer up!!!).
Dislike most : Selfishness, Dishonesty, Bragging, Snobbishness.
Likes most : Originality (being true to oneself) and humility.
- Ultimate Fitness Health Club
