This report provides a comprehensive overview of risk management, focusing on a wooden furniture manufacturing unit project. It delves into the definition of risk, identifies various risk sources like client characteristics and project nature, and categorizes risks into endogenous and exogenous types. The report details the steps involved in risk assessment, including risk definition, topic identification, evaluation, scoring, and filtering. It explores risk ranking and filtering methods such as risk matrix, multiplicative scoring, and weighted scoring. Furthermore, it highlights risk management strategies for both endogenous and exogenous risks, considering the influence of governance structures and regulatory codes. The analysis aims to demonstrate how organizations can professionally apply risk management practices to minimize potential risks and ensure project success.
![[object Object]](/_next/static/media/star-bottom.7253800d.svg)
