Inherent Risk vs Residual Risk: What’s the Difference?

Are you confused about the difference between inherent risk vs residual risk? In today’s video, I’m breaking down the difference between inherent vs residual risk so that you can achieve successful risk management as a project manager.

We’ll talk about:

- Residual vs inherent risk definitions to answer the questions: “What is inherent risk?” and “What is residual risk?”
- The main differences between inherent and residual risk
- Why it’s important to understand risk when you’re new to project management
- Project manager tips for understanding these two types of risk
- Why understanding residual risk vs inherent risk is important to add to your project management skills

So, if you’ve been searching for project management tutorials on inherent risk vs residual risk, look no further because all the project management tips you need on this topic are in today’s video.

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➡️ Videos mentioned:
Project Risk Management [OVERVIEW AND GUIDELINES]:    • Project Risk Management [OVERVIEW AND...  
A Project Manager's Guide to Creating a Risk Register:    • A Project Manager's Guide to Creating...  

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Thanks for watching my video “Inherent Risk vs Residual Risk: What’s the Difference?”:    • Inherent Risk vs Residual Risk: What’...  

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