Risk Tolerance

Unexpected events can derail projects faster than anyone might predict. Knowing this, the 'Risk Tolerance' slide provides valuable insights into the strategies adopted by industry giants such as McKinsey, Bain, and BCG for establishing tolerant boundaries. It offers knowledge into the acceptable variations in cost, schedule, scope, and quality to safeguard against unforeseen events. This slide illustrates how top-tier companies like Google, Amazon, and Apple assess their own risk tolerance to protect their projects. This is a key component found in the 'Risk Management (Part 2)' presentation.