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:
“Although I mean it, and project the meaning
As hard as I can into its brushed-metal surface,
It cannot, in this deteriorating climate, pick up
Where I leave off.”
—John Ashbery (b. 1927)
“The amount of it is, if a man is alive, there is always danger that he may die, though the danger must be allowed to be less in proportion as he is dead-and-alive to begin with. A man sits as many risks as he runs.”
—Henry David Thoreau (18171862)