Identify Risks (Threats & Opportunities).

Dive into Risk Management

Hello to everyone,

in the early stages of a project, we have yet to discover the risks. There are numerous tools and techniques that can help you, your project team, and your stakeholders identify risks such as:

  • Information Gathering Techniques (e.g., brainstorming, interviews, Delphi Technique)
  • Diagramming Techniques (e.g., context diagrams, flowcharts)
  • SWOT (i.e., Strengths, Weaknesses, Opportunities, and Threats)
  • Pre-Mortem. Describe a hypothetical failed or challenged project to your project team. Have your team identify the risks and determine risk responses. See more
  • Assumption Analysis. Ensure that assumptions are reviewed, understood, and documented.
  • Prompt List. This is a list of categories that prompts stakeholders to identify additional risks in each category.
  • Checklist Analysis. This is list of potential risks used to help identify additional risks.
  • Document Reviews. Review documents for the project and related projects.
  • Delphi Technique: How to perform “Delphi”

You may use a combination of techniques. For example, you might do a brainstorming exercise and follow up…

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