What are the main types of project risks?
An example of an AI chatbot conversation about project risk types and their management.
What are the main types of project risks I should be aware of?
The main types of project risks include technical risks, financial risks, operational risks, and external risks.
Can you explain what technical risks are?
Technical risks involve issues related to technology, such as software failures or hardware malfunctions.
What about financial risks?
Financial risks pertain to budget overruns, funding shortages, or unexpected costs that can impact the project's viability.
How can I mitigate these risks?
You can mitigate risks by conducting thorough risk assessments, creating contingency plans, and regularly monitoring project progress.
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