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.
Read more about this topic: Systemic Risk
Famous quotes containing the words project and/or risks:
“Treat the cow kindly, boys; remember she’s a lady—and a mother.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)
“There are risks which are not acceptable: the destruction of humanity is one of them.”
—Friedrich Dürrenmatt (1921–1990)