technical risks

Language: en

📖 Definitions

  1. The potential for failure, errors, or adverse outcomes arising from the application of technology, engineering processes, or technical systems, often requiring mitigation through standards or expertise.; Hazards associated with the design, implementation, or operation of technical solutions that may lead to project delays, cost overruns, or system malfunctions.

💬 Examples

  1. He posits that private companies are best positioned to understand and mitigate technical risks through internal standards.

  2. The engineering team conducted a thorough review to identify any latent technical risks before the product launch.