Project Risks

Project Risks are potential events or conditions that could negatively impact the project.
René Praestholm
Read time:
2-mins
Last Updated:
November 27, 2025

What are Project RIsks

Project Risks are potential events or conditions that could negatively impact the project. These risks could affect the project's timeline, budget, scope, or quality.

How to Manage Project Risks

  • Identify and assess risks at the start of the project, and create a Risk Management Plan to mitigate them.
  • Monitor risks throughout the project and adjust your plan as necessary.
  • Tip: Communicate identified risks to stakeholders early to manage expectations and ensure everyone is aware of potential challenges.

About the Author
René Praestholm
A visionary leader focused on delivering smarter solutions that drive real-world results.