There are many tools and techniques available in identifying risks processes used in project management and one of them is checklist analysis. It is a technique use to systematically review different materials using a list to determine the accuracy and completeness of the project.
The checklist analysis provides an avenue in determining the risks involved in a particular project management plan. The checklist is usually developed based on the knowledge obtained from previous projects that are similar to the current one as well as historical information.
Checklist analysis is one of the simplest and quickest ways to identify risks processes. One of its advantages is that it is suitable for team members who have fewer experiences. While it is simple, building an exhaustive checklist can be challenging as projects, albeit similar, can still have their own unique and different risks. It is also crucial for the team members to review and prune the related items when they are no longer appropriate for the checklist. Lastly, the checklist should be reviewed during the closure of the project to improve future projects by incorporating valuable lessons learned.
This term is defined in the 5th edition of the PMBOK.