| John Spacey, August 18, 2016 updated on September 08, 2022
A risk is a potential for a loss. An issue is an incident, impeding incident, complication or problem.
Risk vs IssueA risk is something that hasn't happened yet but has some probability of occurring. An issue is essentially a risk that has happened. In other words, risks are potential future problems and issues are current problems.
Risk Management vs Issue ManagementRisk management is the practice of identifying potential problems and treating them before they happen. Common risk treatments include risk avoidance, reduction, transfer and acceptance.Issue management is the practice of clearing current problems. The approaches involved are similar and include problem solving, mitigation, transfer and acceptance.
This is the complete list of articles we have written about project management.
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A guide to project risk.
A list of common project risks.
A list of common project stakeholders.
A list of common business risks.
The four things that can be done about risk.
The definition of secondary risk with examples.
A guide to creating a risk register with an example.
A definition of risk perception with examples.
The common types of implementation.
A reasonably complete guide to project risk management.
A list of basic project management techniques.
A definition of workaround with examples.
A list of project branding techniques.
A definition of project stakeholder management with examples.
A definition of action plan with examples.
The primary types of cost overrun.
The definition of document control with examples.
A guide to project oversight.
A definition of design driven development with examples.
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