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Identifying risk

Risk identification is the first step in the risk management process. The risks both of and to a project must be identified before any action can be taken to assess and control them.

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WEnote Activity

Which of the ways of identifying risks outlined in the video do you think you will incorporate into your project and why? Post your comment below and then look on the course feed page to see what others have posted.

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Reading

Read the the section Risk identification in the prescribed textbook (Web | PDF), Chapter 16 (pages 142 and 144 in the PDF version).

  1. Using the Risk Breakdown Structure diagram in the text as a guide, identify the risks of four work packages.
  2. Write a post including your diagram in your learning journal blog.
  3. Remember to tag or label your post using the course code: IPM103 (This is needed to harvest a link to your blog post in the course feed.)