![](http://lpma.chb.cc/wp-content/uploads/2018/LPMtool/Risk_400.jpg)
ProjeQtOr includes a comprehensive risks and opportunities management, including the action plan necessary to mitigate or treat them and monitoring occurring problems.
![](http://lpma.chb.cc/wp-content/uploads/2018/LPMtool/6-Risk_400.jpg)
A Risk is a threat or event that could have a negative impact on the project, which can be neutralized, or at least minimize, by predefined actions.The risk management plan is a key point of the project management. Its objective is to :
- identify hazards and measure their impact on the project and their probability of occurrence,
- identify avoidance measures (contingency) and mitigation in case of occurrence (mitigation),
- identify opportunities,
- monitor the actions of risks contingency and mitigation,
- identify risks that eventually do happen (so they become issues)
![](http://lpma.chb.cc/wp-content/uploads/2018/11/Opportunity_100.jpg)
An Opportunity can be seen as a positive risk. This is not a threat but an opportunity that has a positive impact on the project.Opportunities must be identified and followed-up not to be missed out.
![](http://lpma.chb.cc/wp-content/uploads/2018/11/Issue_100.jpg)
Issue is a risk that happens during the project .If the risk management plan has been properly managed, the issue should be an identified and qualified risk.
![](http://lpma.chb.cc/wp-content/uploads/2018/11/Action_100.jpg)
Actions shall be defined to avoid risks, not miss the opportunities and solve issues.It is also appropriate to provide mitigation actions for identified risks that did not occur yet.