For:

Functional

How To Write a Business Case

Business case example move home

Business case example handheld device

is an ongoing process that requires constant vigilance, regular reassessment and adaptation to changing project conditions.

FAQs

Internal risks are those that originate within the project or organisation, while external risks stem from outside factors beyond the direct control of the project team.

How often should risk assessments be conducted during a project?

Risk assessments should be conducted regularly throughout a project, often at predetermined intervals or key project milestones. Monthly risk assessments are typical for most projects.What role do stakeholders play in project risk management?

Stakeholders can provide valuable input in identifying risks, assessing their potential impact, and helping to develop risk mitigation strategies.

Can all project risks be eliminated?

No, not all project risks can be eliminated. The focus should be on effectively managing and mitigating risks.How can small teams effectively manage project risks with limited resources?Small teams can prioritise risks based on their potential impact, use simple risk assessment tools, and leverage the diverse expertise of team members to ensure comprehensive risk management.

Infographic

{"@context":"https://schema.org","@type":"ImageObject","contentUrl":"https://www.knowledgetrain.co.uk/training-courses/seven-common-sources-of-risks-1.webp","description":"Diagram of seven most common sources of risks.","license":"https://www.knowledgetrain.co.uk/license","acquireLicensePage":"https://www.knowledgetrain.co.uk/license","creditText":"Knowledge Train","uploadDate":"2024-10-09T09:00:06.000Z","copyrightNotice":"© 2024 Knowledge Train Limited. All rights reserved.","creator":{"@type":"Organization","name":"Knowledge Train","url":"https://www.knowledgetrain.co.uk"}}Marketing

{"@context":"https://schema.org","@type":"ImageObject","contentUrl":"https://www.knowledgetrain.co.uk/training-courses/risk-management-infographic-v1.0.webp ","description":"Risk management infographic ","license":"https://www.knowledgetrain.co.uk/license","acquireLicensePage":"https://www.knowledgetrain.co.uk/license","creditText":"Knowledge Train","uploadDate":"2024-10-09T09:00:06.000Z","copyrightNotice":"© 2024 Knowledge Train Limited. All rights reserved.","creator":{"@type":"Organization","name":"Knowledge Train","url":"https://www.knowledgetrain.co.uk"}}

What is PMP<sup>®</sup> certification, its benefits, and how to get it?

The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Manage options

Manage {vendor_count} vendors

Read more about these purposes

DenyHow to create an effective project plan

View preferencesKnowledge Train 19 Feb 2026

Save preferences

View preferences

{title}

{title}

Manage Consent

To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.

What is PMP Certification? | How to Get Project Management Professional Certified

Knowledge Train 29 Apr 2026

Functional