PROJECT RISK MANAGEMENT

Gumovschi Ana and Aurelia Marianciuc
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Gumovschi Ana: Academy of Economic Studies from Republic of Moldova
Aurelia Marianciuc: Academy of Economic Studies from Republic of Moldova

Revista Economica, 2008, vol. 41, issue 4, 58-64

Abstract: Risk management is recognized as an essential contributor to business and project success, since it focuses on addressing uncertainties in a proactive manner in order to minimize threats, maximize opportunities, and optimize achievement of objectives. The most significant critical success factor for an effective risk management is the selection of the most appropriate strategy for every type of risk, classified according the potential impact.

Keywords: risk management; risk strategy; opportunity; risk monitoring (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (5)

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