Purpose: There are different types of projects that have been carried out by the project management organization. But the risk is also involved in managing the project. The purpose of study is to look at risk involved in the project and how it can be measured through use of techniques and minimized as well. The techniques will be supporting the project manager to make the correct decisions for the project success and timely deliverables. Research methodology: The qualitative research is to be used in having a more detailed analysis of the topic. The secondary research uses qualitative methods by considering the journals, books and web articles. It means books and paper of previous authors will be applied. Results: The use of effective techniques of project risk management will be done to minimize the risk and take timely measures. The techniques will help in making effective decisions that will lower down risk in the study. Conclusion: The project risk management techniques are used to make the project simple and lower down the risk of errors and failure in the project. The different techniques such as brainstorming, risk register, risk template are commonly used by the project manager to mitigate the risk. However, the risks cannot be eliminated that act as the challenge for manager even after applying the techniques initially in project.
Volume 12 | 06-Special Issue
Pages: 283-288
DOI: 10.5373/JARDCS/V12SP6/SP20201033