Risks vs. Issues

The purpose of this post is to explain some terminology so I might refer to it in future posts.

A risk is something that has not yet happened but might. Risks can be negative (bad things) or positive (good things).

An issue is something that has already happened. I have never heard anyone referring to a positive risk that has happened as an issue.

Negative risks should be mitigated; issues aren’t mitigated—they’re either corrected, compensated for, or otherwise dealt with.

I think there are many, many negative risks being treated as though they were issues.

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