Risk Management Explained | Module 6 | Project Management

#ProjectManagement #RiskManagement #Engineering This video explains Risk Management from Project Management – Module 6 in a clear and exam-oriented way. Risk management is the process of identifying, analyzing, prioritizing, mitigating, and monitoring risks to ensure successful project completion. It helps reduce uncertainty and avoid project failure. In this video, you will learn: What is Risk Management Risk vs Problem Risk Management Process (Identify, Analyze, Prioritize, Mitigate, Monitor) Types of Risks (Technical, Financial, Operational) Real-world examples Importance and common mistakes This topic is important for engineering students and is frequently asked in university exams (5–10 marks). 📚 Topics Covered Introduction to Risk Management Definition Risk Management Process Types of Risks Examples Importance 🎓 Subject Project Management Module 6 – Risk & Quality Management