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How to Build a Risk Management Plan
Once considered a mere checkbox in the vast realm of project management, risk management has become an indispensable pillar supporting the edifice of successful projects worldwide. Its importance is even more pronounced given the complex, volatile and often unpredictable nature of modern projects. At the heart of a successful risk management strategy is a well-designed risk management plan, a living document that grows and changes with a project, ensuring that potential pitfalls are anticipated, planned for and managed.
In this article, we will embark on a journey to understand the careful crafting of such a plan.
