• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Project Management Knowledge

Simply explained by a PMI-certified Project Manager

  • Home
  • Acronyms and Abbreviations
  • Definitions
  • About the Author
  • Deutsch
  • Show Search
Hide Search
You are here: Home / Definitions / R / Risk identification

Risk identification

There will be a number of times over the course of the project’s respective life cycle that the project management team and or the project management team leader will find themselves in a position in which they realize that a particular component as to the project and or a particular facet of that project does in fact come with a set or series of inherent risk. When attempting to organize any and all risks for the purposes of attempting to determine what the best strategy in dealing with them may be, the logical first step in the process is to actually make a thorough and careful identification of what exactly these risks are expected to be. Specifically speaking, the risk identification process is one in which all of the potential and likely risks that may arise. This identification process usually involves a session of intense discussion followed by careful documentation and categorization of the risks.

This term is defined in the 3rd edition of the PMBOK but not in the 4th.

Related Articles:

 
  • Residual Risk  Over the course of a given project, there will be a number of times over the course of the project’s...
  •  
  • Risk Acceptance  Over the course of a given project, there will be a number of times over the course of the project’s...
  •  
  • Risk Response Planning  As a project unfolds, there will be a number of times over the course of the project’s respective life cycle...
  •  
  • Risk Avoidance  Over the course of a given project, there will be a number of times over the course of the project’s...
  •  
  • Risk category  During the progression of a project from start to finish, there may be situations in which the project management team...
  • Primary Sidebar

    Dear Visitor, I am a PMP (Project Management Professional), certified by the Project Management Institute since 2004. I have been managing dozens of projects, small and huge, successful and unsuccessful. This site is supposed to help you learn the required vocabulary of the project management world. Please feel free to check my certification status or to learn more about me.

    Copyright © 2021

    • Privacy Policy