PMI Colombo, Sri Lanka. According to Project Management Institute’s (USA) PMBOK standards risk is a risk in an uncertain condition, if it occurs, has a negative or positive effect on project ...

Modern risk management emerged from the ashes of the ... A Guide to the Project Management Body of Knowledge (PMBOK Guide) was published in 1987, consisting of concepts that had been incubated ...

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One particular standard is the Guide to the Project Management Book of Knowledge (PMBOK Guide). The standard began in 1987 as an attempt to standardize the information and practices of project ...