View All num of num See all Photos EMC This employer has taken extra steps to respond to reviews and provide job seekers with accurate company information, photos, and reviews. Interested for your company?Learn More. www.emc.com Employer Engaged Overview Reviews Salaries Interviews Jobs Photos Benefits 2.2k Reviews 5.6k Salaries 522 Interviews 154 Jobs Follow Add Review or Salary Follow Add Review or Salary Interview Question Associate Project Manager Interview Bangalore (India) EMC How do you estimate the Cost and Risks in a Project? Tags: See more , See less 8 Answer Add Tags Answer Interview Answer 1 Answer ▲ 1 ▼ Project risks are a fact of life that every project manager must deal with. “Project risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on at least one project objective, such as time, cost, scope or quality," as defined by the Project Management Institute’s A Guide to the Project Management Body of Knowledge – Third Edition. Managing project risk involves analyzing and prioritizing risks so that the project manager and the team can focus their mitigation effort on the top risks Charls Thankachan on Jun 11, 2012 Add Answers or Comments To comment on this, Sign In or Sign Up.