Abstract:
The article examines the nature of project risks, explores the peculiarities of their management. Based on the conducted research, it was discovered that the process of r...Show MoreMetadata
Abstract:
The article examines the nature of project risks, explores the peculiarities of their management. Based on the conducted research, it was discovered that the process of risk management is a complex action that includes the simultaneous optimization of two criteria: minimization of negative risks (reducing the probability of occurrence and impact of events unfavorable to the project) and maximization of positive risks (increasing the probability of occurrence and impact of favorable events). It is substantiated that the most important stage of the risk management process is the identification of risks, since the effective implementation of all subsequent stages of management depends on the clear determination of all types of risks to which the project may be exposed. The objective of the paper is to propose a classification of project risks according to various criteria is presented; justified the need to use the taxonomy of risks. A list of recommendations on the content of the risk management plan is provided.
Date of Conference: 06-07 October 2022
Date Added to IEEE Xplore: 14 November 2022
ISBN Information: