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Using the right risk management approach will ensure that your project receives the best results. But how do you know when to use each of the four main techniques? PMI members can dive deeper into each approach on PMI Picks: https://bit.ly/3JXCyzm | Project Management Institute
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Lines of program management, project management, and portfolio management must all be involved in the risk identification process. Risk assessment should be circular. Once a threshold is met, the situation should be escalated for review and decision-making. Project Management Institute members and Standards subscribers can get more information on risk assessment at the program level here: http://ow.ly/vIOt50MfyEI | Project Management Institute
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