What is risk
Risk is a measure of uncertainty. It is an uncertain event that could have a positive or negative effect on your business. A risk is a potential problem that might happen or not. The more uncertain you are about an asset value the riskier it is.
Risk Categories
Information
a) Unknown risk is a risk that can be uncovered after careful evaluation of the project business, and technical environment.
b) Predictable risks are risks that are extrapolated from past project experience.
c) Unpredictable risks are risks that can and do occur but are extremely difficult to identify in advance.
Very nice post. Kisses:*
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