How much risk will your project take on? There are three similar measures we use. I want to explore the comparisons between: Risk Tolerance, Risk Appetite, and Risk Capacity.

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In Summary
• Risk appetite is about our willingness to take on a risk,
• Risk Tolerance is about our ability to cope with a risk, and
• Risk Capacity is about our ability to meet the costs of a risk

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⏱ Chapter Markers...
00:00 Comparing Risk Appetite, Risk Tolerance, and Risk Capacity
00:21 Can you distinguish Risk Appetite, Risk Tolerance, and Risk Capacity?
00:48 Are there definitive definitions of Risk Appetite, Risk Tolerance, and Risk Capacity?
01:08 We need working definitions of Risk Appetite, Risk Tolerance, and Risk Capacity
01:37 Risk Appetite
02:09 Risk Tolerance
02:39 Risk Appetite vs Risk Tolerance
03:13 Risk Capacity03:30 Risk Capacity vs Risk Tolerance
03:55 Summing up Risk Appetite, Risk Tolerance, and Risk Capacity

#Risk #ProjectManagement #Risk Management