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Project Risks

15 January, 2016 - 09:16

A risk is anything uncertain that may occur that will reduce or decrease the chances of project success.

Example:

  1. There is a state election coming and the new government may change the taxation rules for private university retail outlets.    
  2. The cloud is changing student demand for media such as flash drives in somewhat unpredictable ways. If this happens faster than we forecast, we may be building a store that students don’t need.
  3. Deliveries of store shelves, etc. will be delayed if a major hurricane occurs.