28 February 2007

Following are the different types of Risk Characteristics

• Situational : Project scope change, Changing resource
• Time based : Risk is high at beginning & Low at the end
Cost of risk is low at beginning & high at the end.
• Interdependent : Delay in one Task affects another Task
• Magnitude : Magnitude of Risk depends on its probability
• Value : Cultural values may differ across geographical locations

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