Impact of Risk in a project

User Generated

ycbc

Business Finance

Description

Find at least 2 examples of how a risk in a project has impacted the project and the overall organization.

Provide a short description of the project and the risk associated with the project.

Address and provide support for the reason why the risk either did or did not impact the organization.

Discuss if it is possible for a risk to impact just the project and to not harm the organization.

Ensure you insert the links to your 2 examples.

400 words, APA format, References

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Explanation & Answer

Attached.

Running Head: RISKS IN PROJECTS.

1

Risks in Projects
Name
Professor’s name
Course title
Date

RISKS IN PROJECTS.

2

A project is a planned endeavor, usually with a specific goal and accomplished in several
steps or stages. On the other hand, a risk is a possible negative outcome. For most projects in any
organization, there are always chances of risks regardless of how well the project was planned.
The Home Depot, for instance, had its management team agree to start manufacturing more
products some of which would be exported to neighboring countries. This project experienced a
number of risks in different countries especially China. First, the organizat...


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