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SP 2.1-1 Identify Risks

SP 2.1-1 Identify Risks

SP 2.1-1 Identify Risks

Hi dear

Must I use methods for identifying risks as brainstorming, interview, check-list, survey, etc to create a Risk Management Plan?

Thank´s in advance


RE: SP 2.1-1 Identify Risks

You can also rely on risk and outcomes from similar projects already completed, but failing to ask the project team about risks they perceive (real or not) would probably be a mistake.

The trouble with doing something right the first time is that nobody appreciates how difficult it was - Steven Wright

RE: SP 2.1-1 Identify Risks

I would start by agreeing with the Management on the first - most important Business Objective that the project has to achieve. Let's say that it is - for instance - Deliver On Time (DOT).

I would then using a PERT try to identify which set of work products (WP) are on the critical path to achieve the DOT.

I would try to identify those WP with the highest uncertainty to meet their DOT and using some kind of Fishbone techniques and involving experts of the development of these WP, try to identify causes of getting this WP not on time, either because of Resources issues, or Quality issues, etc.

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