Two Major Types of Risks

For most practical purposes and most day-to-day discussions, when people talk about risk, they talk about ‘Negative Risk’ or a ‘Threat’, with potential to negatively impact your initiative or project. However, a risk could be of either type:

  • Negative Risk or Threat

  • Positive Risk or Opportunity

Can you think of some examples?

  • You having found two tickets to Australia (your dream destination) at a 50% discounted price is a positive risk :)

  • You coming back to your computer after dinner to buy the tickets and discovering the tickets are gone, is a negative risk :(