Risk and contingency management
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The management and quanitification of risk has become an increasing feature of the business environment and Sense believes that risk management should be an integral part of the project.
The main benefits of using risk management techniques are:
- more effective planning
- raised awareness of risk to the project team
- mitigation
- allocation of risk and ownership
The precise risk management strategy for a project must be determined on the basis of the factors surrounding that specific project.
