Project risks have an impact on different projects. Risk analysis helps to investigate how dangers can affect people.
- Budget: implications on the project’s or program’s expected (planned or projected) monetary cost, staffing numbers, or other physical resources;
- Schedule/Timing: implications on the anticipated timeline and timing for deliverables or milestones fulfillment;
- Work scope and services: affects the type, amount, content, requirements, and other characteristics of the goods, services, and outcomes planned for a project or specified for a technology program;
- Quality of work and deliverables: affects product and service quality, such as accuracy, amount of inaccuracy, lower performance (e.g., technology application), and so on.
