The Traditional Project Manager Mindset Pt6 (1 of 2)
- Identify as much risk as possible as early as possible on a project. All identified risks should be documented in the risk register along with their corresponding risk responses.
- A negative risk is known as a threat while positive risk is known as an opportunity. Ensure to identify and document responses to both.
- When selecting a contract to use on a project with potential sellers, always use a contract that is mutually beneficial to both the seller and buyer that fits the overall project objectives.
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