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COV ITRM Glossary

C

Consequence

Definition

(Context: Software)


A single phrase or sentence that describes the key, possible negative outcome of the current conditions.

 

Background:  Capturing a statement of risk involves considering and recording the conditions that are causing concern for a potential loss to the project, followed (optionally) by a brief description of the potential consequences of these conditions. 


Reference:

Continuous Risk Management Guidebook - SEI Carnegie Mellon University  p41 of 562

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