What is risk-based management (RBM) to you? Do you have a good understanding of this concept, and how it is applied? Do you think what you have right now is the best? Do you think that RBM is the best and only approach? Do you think it is one of the best? How do you apply it in project management?
RBM is serious approach and a philosophy that considers risks while managing any project endeavor throughout its lifecycle. Management by objectives is still present, but with more focus on risk managem