TOPIC: Risk and Opportunities.

A possible major redution in fuel prices in the future, where our Project depends on fuel as one of the major resources, is this considered as Risk / Opportunity ?

The reason why I am asking this question, becuase I understand from PrepCast, in general, the a Risk / Opportunity (+ve) is something that my seem bad in the beginning, but you can take advantage of it and you can make it +ve. I am refering to the example you mentioned in the PrepCast, where the number of visitors might be more than expected, and you cannot manage this.

Appreciate you clarification.

Tarek.

In studying from Rita's book, I learned this:

business risk: opportunity of a gain or a loss
pure risk (insurable): only risk of a loss

So this menas, a possible reduction in fuel prices is a +ve business risk, right ?

Tarek.

I would say yes.