Effective Technologies and Systems for Risk Management

RISK MANAGEMENT

AIM
 To evaluate the effectiveness of the technologies and systems
in reducing the intensity of the potential risks

INTRODUCTION
 Project failures generates risks in terms of productivity
 Risks add vulnerability to the market position of the
companies and organizations
 Risks are of two types- positive and negative

CONTD......
 Positive risks- extending the opportunities,
which can generate certain benefits
 Negative risks- generate huge damage,
which is beyond repair
 Critical approach towards handling the risks
is necessary in terms of achieving
competitive advantage
 Roadmaps like ISI, Project Institute of
Management acts as an agent in terms of
reducing the level of the risks in an efficient
and effective manner