Page 1 of 1

Risk positive as well as negative?

Posted: Sun 20 Dec 2009 6:30 pm
by dhaughey
Can risk be positive as well as negative? The dictionary says that risk is negative and doesn't mention "positive risk." The PMI suggest that there is positive risk. Surely the word "risk" implies something negative, hence the reason we take out insurance to guard against risk. Any thoughts?

Re: Risk positive as well as negative?

Posted: Mon 21 Dec 2009 7:07 am
by EngGhassan
hi ,

i think yes , could be carry some positive mark , but indirect , if we take care for risk managment at least we avoid some risk and losses , this is a positve point
best regards

Re: Risk positive as well as negative?

Posted: Fri 01 Jan 2010 2:38 pm
by gatlineducation09
I completely agree. If you know and you are sure about decision then of course this can be a positive risk. Although others may see it as a negative risk.

Re: Risk positive as well as negative?

Posted: Tue 18 May 2010 1:43 pm
by roshan
I've been told to view positive risks as "opportunities" in a project. This analogy helps me with my risk management activities in a project.