For most practical purposes and most day-to-day discussions, when people talk about risk, they talk about ‘Negative Risk’ or a ‘Threat’, with potential to negatively impact your initiative or project. However, a risk could be of either type:
- Negative Risk or Threat
- Positive Risk or Opportunity
Can you think of some examples?
- You having found two tickets to Australia (your dream destination) at a 50% discounted price is a positive risk :)
- You coming back to your computer after dinner to buy the tickets and discovering the tickets are gone, is a negative risk :(