A number of "standard" definitions and uses of risk and opportunity terminology can confuse even experienced R&O professionals.
The attached PPTX of Definitions are recommendations to hopefully clarify some of that confusion.
The rationale for these recommendations is based on the premise that there is no need for the concept of a "positive Risk".
A scenario identified as leading to a positive / wanted but / uncertain outcome is best considered as a pursuit of an Opportunity
not managing a " positive Risk".
What do you think?
Everyday Risk & Opportunity Definitions.pptx
