What are Risks and Issues?.. in 60 seconds

The video tutorial explains the difference between risks and issues in project management. A risk is an uncertain event that may affect the outcome, with a probability of occurrence and potential consequences. In contrast, an issue is a certain event that will impact the project and must be addressed immediately. The tutorial emphasizes the need to evaluate risks by considering their probability and impact, while issues require immediate action.

What is the definition of a risk?

What are the consequences of a risk if it happens?

How does an issue differ from a risk?

What should you do when faced with an issue?

How can you evaluate a risk before it happens?