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11

Horizontales
A risk analysis approach that assesses identified risks based on their probability and impact, prioritizing them according to their potential effect on the project.
Risks expected to remain after implementing risk responses.
A risk response strategy that capitalizes on positive risks within a project.
Cause-and-effect diagrams, also known as fishbone diagrams, used to identify the root causes of factors contributing to project risks.
The cost of rework incurred when implementing a short-term solution instead of a more stable, longer-term solution. In software development, it refers to time spent refactoring and cleaning up code. (Two words)
An assessment of project characteristics, including strengths, weaknesses, opportunities, and threats.
An ordinal scale using red, amber, and green to denote risk probability, impact, and score. Might also be called red, yellow, green rankings.
A risk response strategy transferring risk ownership to another party, such as insurance or contracted project teams, typically involving fees and contractual agreements.
A quantitative risk analysis tool that assesses the impact of individual risks on project success. (Two words)
Risks arising from the performing organization's actions or policies, such as unrealistic cost, time, or scope expectations, poor project prioritization, inadequate funding, or resource competition with other projects.
The monetary value of a risk exposure calculated based on the risk's probability and impact. Typically used in quantitative risk analysis to quantify risk exposure. Three words, but only the abbreviation here.
A risk analysis approach that numerically assesses risk probability and impact, assigning an overall risk score to the project.
Risks originating outside the project but directly impacting it, such as legal issues, labor disputes, shifts in project priorities, or weather-related factors.
A quick and cost-effective approach to identifying project risks.
New risks emerging as a result of risk responses.
Risks that may lead to either favorable or unfavorable outcomes. Examples include using less experienced personnel for a task, overlapping project phases or activities, or opting for on-the-job training instead of formal education.
Verticales
Risks with only negative outcomes, including loss of life or limb, fire, theft, natural disasters, and similar events.
Risks associated with variations occurring in the project, such as production, quality errors, or weather fluctuations.
A ranking approach that categorizes and ranks risks from very high to very unlikely or using other predefined values.
A risk response effort aimed at reducing the probability and/or impact of identified risks in the project.
A risk response strategy suitable for both positive and negative risks that may require actions beyond the project manager's authority.
A project plan component containing information related to risk management activities, updated to reflect risk management status and progress. (Two words)
An anonymous method for surveying experts about potential project risks, with results analyzed by a third party to gain consensus on risks. (Two words)
A prompt list used for risk identification, assessing volatility, uncertainty, complexity, and ambiguity within project risk factors.
A method for evaluating the best course of action among multiple options, considering the costs, benefits, and probability of success for each decision. (Two words)
A calculated score reflecting each risk's probability and impact, used in both qualitative and quantitative risk analyses. (Two words)
A risk response strategy suitable for both positive and negative risks, but often chosen for minor risks within a project.
Individuals or entities responsible for monitoring and addressing identified project risks. (Two words)
Risks characterized by their uncertain and unclear nature, such as new laws or regulations, marketplace conditions, and other unpredictable factors.
A ranking approach to assess probability and impact, typically using numerical values ranging from 0.01 (very low) to 1.0 (certain). Also a bird.
A prompt list for risk identification examining political, economic, social, technological, legal, and environmental risk domains.
A prompt list used for risk identification, examining technical, environmental, commercial, operational, and political factors in the project. It’s an acronym.
An uncertain event or condition that may have either positive or negative impacts on a project.