Project Management

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Risk Breakdown Structure

Risk Breakdown Structure
A hierarchical representation of risks that is organized according to risk categories.
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Risk Category

Risk Category
A group of potential causes of risk.
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Risk Management Plan

Risk Management Plan
A component of the project, program, or portfolio management plan that describes how risk management activities will be structured and performed.
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Risk Mitigation

Risk Mitigation
A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.
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Risk Register

Risk Register
A document in which the results of risk analysis and risk response planning are recorded.
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Risk Transference

Risk Transference
A risk response strategy whereby the project team shifts the impact of a threat to a third party, together with ownership of the response.
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Rolling Wave Planning

Rolling Wave Planning
An iterative planning technique in which the work to be accomplished in the near term is planned in detail, while the work in the future is planned at a higher level.
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Schedule Baseline

Schedule Baseline
The approved version of a schedule model that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.
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Schedule Compression

Schedule Compression
A technique used to shorten the schedule duration without reducing the project scope.
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Schedule Management Plan

Schedule Management Plan
A component of the project or program management plan that establishes the activities for developing, monitoring, and controlling the project or program.
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