This article is a response to an interesting debate on an article we had posted in the past on risk management. This is a link to the LinkedIn post: https://www.linkedin.com/groupItem?view=&gid=96642&type=member&item=5947983782505111554&trk=my_groups-b-title. Continue reading
This is the third article of a 3-part series on the money aspects for project risk management, including a discussion on estimating, budgeting, contingency and management reserve. In this article we discuss the response cost.