Business Studies, asked by nawazahmed9797, 1 year ago

what do you mean by technical risk​

Answers

Answered by hinakhan000
30

The probability of loss incurred through the execution of a technical process in which the outcome is uncertain. Untested engineering, technological or manufacturing procedures entail some level technical risk that can result in the loss of time ,resources,and possibly harm to individuals and facilities.


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Answered by BrainlyPARCHO
0

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  • Technical risks are those events or issues associated with the scope definition, research and development (R&D), design, construction, and operation that could affect the actual level of performance vs. that specified in the project mission need and performance requirements documents. Examples of technical risks include new and changing technology and changing regulatory requirements.

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