Risk

A risk is any event that could prevent the project from progressing as planned, or from its successful completion. Risks can be identified from a number of different sources. Some may be quite obvious and will be identified prior to the project start, others will only appear during the project. There are Corrective and Preventive actions (CAPA) for most kind of risks that can be taken up. Risk Management is an important module of Project management, which has the purpose to help dealing with project risks. It is a separate feature in the Project management module so it can be accessed whenever it is needed by the authorized persons.