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TOPIC: Risk Management

Risk Management 1 year 3 weeks ago #22983

  • Anne Chege
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When a risk impact might take a long time to impact on the project objectives, is this a low proximity or high proximity? I found a question that indicated that this would be a high proximity, but I thought it is a low proximity, since it will take a long time. Please help me understand this.

Risk Management 1 year 3 weeks ago #22986

  • Elizabeth Harrin
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I would have said it was a low proximity, because there is a low proximity between today's date and the date the risk may impact the project i.e. a long time. I'm interested to hear others' views on this.
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Risk Management 1 year 3 weeks ago #23001

  • Gabriella Dellino, PMP
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Hello Anne,

I fully agree with Elizabeth: I would also say that, having a long period of time before the risk might impact on the project objectives, it should denote a low proximity; i.e., the potential impact is far from you.

Just out of curiosity: the word proximity comes from the Latin word proximus, which means nearest. So you may want to think about it as: the nearest (in time) the impact is, the highest the risk proximity is.

Gabriella
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