The purpose of risk management is to maximize the events that cause project success and to minimize those that hamper it. Risk management includes risk management planning, risk identification, risk analysis, creating a risk response plan and monitoring and controlling risk on a project.

It is no wonder that telecom sector is amongst the largest and most rapidly growing sectors in the market these days. Accordingly, the projects involved in telecom sector are generally large scale projects with high budget scale. Managing such vast projects can be a heft job for project managers in the telecommunications field. This creates the need for an organized and advanced solutions that can systematize disparate people involved in the projects and also caters to their individual roles and responsibilities.

objective is to acquire a thorough understanding the subject of project management and its core area. Project management is application of knowledge, skills, tools and techniques to project activities to meet project requirements.

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Integration management includes the processes and activities needed to identify, define, combine, unify and coordinate various processes of project management and its process groups. Any change required to any other knowledge area has to be approved and integrated with other activities. It entails making choices about resource allocation, making trade-offs among competing objectives and alternatives and managing interdependencies among knowledge areas.