IWU Seeking Help When Identifying Risks in Our Project Discussion

Description

Planning I: Preparation, Scope, Quality, and Risk

Getting Started

A risk register is a file containing all the risks identified by the stakeholders and the project team. Several information collection tools (such as interviews, focus groups, etc.) can be used to identify risks. Another excellent source of risks is the lessons learned document from a similar project completed in the past. For example, if the lessons learned document says that a specific supplier was late most of the time on a past project, and if your project is using the same supplier, there is a risk that the supplier will be late again. The project manager may also conduct a risk workshop, and ask the project team members to identify the risks based on their past experiences with similar tasks/projects.

Resources

Textbook: Agile Fundamentals: A Comprehensive Guide to Using an Agile Approach

Textbook: PMP Exam Prep

Article: Risk Identification Techniques/Sources

Website: IWU Resources

Website: Evaluating Sources

Video: Positive vs Negative Risks on Projects

Background Information

Identification of risks is the first step in risk management, because it is difficult to plan effectively without knowing what could go wrong. A risk register helps you document the risks that are identified with the help of various stakeholders on the project.

Instructions

In Agile Fundamentals: A Comprehensive Guide to Using an Agile Approach, Chapter 3: Value Driven Delivery, “Managing Risk”
In PMP Exam prep, read: Chapter 11: Risk
Read the article, Risk Identification Techniques/Sources.
Watch the video, Positive vs Negative Risks on Projects (4:03 min).

Navigate to the threaded discussion and respond to the following prompt(s):

Discuss which stakeholders you plan to seek help from when identifying risks in your Integrative Project.

Additionally, share at least two risks those stakeholders might identify in your Integrative Project and ways they may be mitigated.

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