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Risk register – A project planning and organizational risk assessment tool

Activities (tasks) are not a continuous uniform procedure. Tasks are affected by external events, which transform an activity from one state to another. One of the important properties of an event is the moment when an event occurs during the course of an activity. This moment, when an event occurs, in most cases is probabilistic and can be defined using statistical distribution. The original state is called a ground state, other states are called excited states. For example, if the team completes their job on activity, they can move to other activities. The notion of an activity’s state is important because certain events can or cannot occur when activity is in certain state. It means that the state of an activity is subscribed to the events. Events can be local, affecting particular tasks or resources, or global affecting all tasks or resources.