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risk control – The Project Solvers of America, Inc.

The Importance of Monitoring for Risk

I advise that project managers should not baseline the schedule until after risk planning is complete because there are often many activities that result in carrying out contingency plans, creating and communicating risk reports, and carrying out risk responses. Although there are a number of benefits of risk monitoring, acceptance in the industry is not as widespread as should be. PMI’s (2009, p. 51) risk…