Difference between Risk and Issues in Project Management

Risk is something you anticipate in Project whereas Issue is something that is already happened in Project

? Issue- potential to impact – have a plan to mitigate. (Is a "Known") ? Risk – We can devise plans to mitigate but no expected ETA.(several unknowns)- Also Risk can become an opportunity

Risk is something that can happen in future while issue is a current event, something that has already happened. Risk may or may not occur but issue is a problem that has already occurred. Issues tend to need a more reactive responses while Risks require proactive planning. Risk can be predictable and will be preventable. But if there is an issue, its cause of bad planning and execution.

Risk events are identified in advance, it may or may not happen. Once a Risk gets realized, it has a potential to become an issue.

Risks can be anticipated in advance by careful analysis of dependency factors or limitations. where as issues are already known problems.

Risk is very high to excute any project because issue to transforming a new product and supply other to remember the whole things.

Risks can be anticipated in advance by careful analysis of dependency factors or limitations. where as issues are already known problems.

Risk is something that can happen in..coz of some problems and the issue is something created due to these risk..

had the same question during IBM internal interview