Introduction to Project Risk Management is a process that involves identifying, assessing, and mitigating the potential risks associated with a project. The goal of risk management is to minimize the impact of negative events on project success by proactively planning and taking appropriate actions to manage those risks. This includes identifying potential risks, analyzing their likelihood and potential impact, and developing strategies to mitigate or avoid those risks. Effective project risk management requires the involvement of all stakeholders and the use of various techniques and tools such as risk registers, risk assessment matrices, and risk response planning. By managing risks throughout the project lifecycle, project managers can minimize the potential negative impact of risks and increase the likelihood of project success.

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