Here are some.
Risk management is the structured practice of identifying, assessing, and controlling uncertainties that could impact project or portfolio objectives.
In a project and portfolio context, risk management goes beyond listing risks. It focuses on understanding probability, impact, and exposure, prioritizing the most critical risks, and defining response actions to reduce potential disruption. Effective risk management is continuous and evolves as projects progress, assumptions change, and new risks emerge.
At the portfolio level, risk management also helps organizations balance exposure across initiatives and make informed investment decisions.
Change management in project management refers to the discipline of controlling modifications to scope, timelines, costs, resources, or assumptions once a project is underway.
Rather than preventing change, change management ensures that proposed changes are evaluated, approved, and implemented in a controlled way. This helps organizations avoid uncontrolled scope growth, budget overruns, and delivery delays while still allowing projects to adapt to new requirements or constraints.
Project management focuses on planning and delivering a defined scope of work within agreed constraints such as time, cost, and quality.
Change management, by contrast, governs how and when that plan can be modified once execution has begun. While project management defines what should be delivered, change management controls deviations from that plan.
The two disciplines serve different purposes but must work together to ensure projects remain controlled while adapting to change.
Risk and change management should be integrated into project management whenever projects operate in environments where:
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Requirements evolve over time
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Stakeholders introduce late or competing requests
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Regulatory, technical, or market conditions shift
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Decisions affect cost, risk, or compliance
In such contexts, separating execution from risk and change governance creates blind spots and delays. Integrating these disciplines directly into project and portfolio workflows enables organizations to assess impact, make informed decisions, and maintain control without slowing execution.
Enterprise platforms like Cerri Project support this integration by embedding structured risk and change management workflows into project and portfolio management, ensuring full visibility and governance.



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