oboloo

oboloo Glossary

Project Risks And Mitigation Strategies

oboloo Glossary

Project Risks And Mitigation Strategies

Project Risks and Mitigation Strategies are an integral part of the project management process. It involves the identification of potential risks that may have a negative impact on the successful completion of the project, as well as the development of strategies to address those risks and minimize their overall impact. Risk mitigation strategies can take many forms, such as increasing resources, changing approaches, developing plans to respond to potential risks, and proactively monitoring progress. In other words, these strategies help ensure that projects run smoothly, efficiently, and according to plan.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971