In this episode ofBusiness Analysis Simplified, we exploreRisk Analysis and Management, a critical technique in theStrategy Analysis knowledge area. This technique helps organizationsidentify potential risks, assess their impact, and develop strategies to mitigate them, ensuring smoother project execution and better decision-making.

Join Michael and Emily as they revisit theschool playground upgradation project, where the kids had to anticipate risks such asbudget shortages, equipment safety issues, and construction delays. Learn how businesses use risk analysis to evaluate uncertainties, plan for contingencies, and make informed strategic decisions. Whether you're managing a corporate initiative or a community project, this episode will equip you with practical risk management strategies to ensure success while minimizing surprises.