Systemic Risk - Project Risks

Project Risks

In the fields of project management and cost engineering, systemic risks include those risks that are not unique to a particular project and are not readily manageable by a project team at a given point in time. These risks may be driven by the nature of a company's project system (e.g., funding projects before the scope is defined), capabilities, or culture. They may also be driven by the level of technology in a project or the complexity of a project's scope or execution strategy.

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Famous quotes containing the words project and/or risks:

    I wish to come to know you get to know you all
    Let your belief in me and me in you stand tall
    Just like a project of which no one tells
    Or do ya still think that I’m somebody else?
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    In America any boy may become President, and I suppose it’s just one of the risks he takes!
    Adlai Stevenson (1900–1965)