8.1 The Risk Practice

You will learn how the risk practice aims to identify, assess, and control uncertainties that would affect the project's objectives and as a result, improve the project's ability to succeed
All projects encounter uncertainty when trying to achieve their objectives, and risks can have a negative or positive impact on objectives if they occur
You will grasp that all projects involve some degree of risk-taking, they need to manage risk in a way that supports effective decision-making, and the risk practice provides a disciplined environment for proactive decision-making