Identify Risks Flashcards
Planning
What is the purpose to Identify Risks?
The process of determining which risks may affect the project and documenting their characteristics.
What are the tools and techniques to Identify Risks?
1) Documentation Reviews, 2) Information Gathering Technique, 3) Checklist Analysis, 4) Assumption Analysis, 5) Diagramming Techniques, 6) SWOT Analysis, 7) Expert Judgement
What Checklist Analysis?
Developed based on historical information from past projects.
What is Assumption Analysis?
Explores the validity of all assumptions made during planning.
What is SWOT Analysis?
Technique that examines the project from each of the strengths, weaknesses, opportunities, and threats (SWOT) perspectives.
What is the output of Identifying Risk?
Risk Register
What is the Risk Register?
Document in which the results of risk analysis and risk response planning are recorded.
What is Documentation Reviews?
Reviewing project plans, assumptions, previous project files and contracts.
What are some information gathering techniques in Identifying Risks?
1) Brainstorming, 2) Delphi Technique, 3) Interviewing, 4) Root Cause Analysis
What is the lowest Risk Breakdown Structure (RBS)?
Risk Checklist
What are some diagramming techniques in Identifying Risks?
1) Fishbone Diagramming, 2) Relationship Digraphs, 3) Influence Diagrams
What are Influence Diagrams?
Graphical representations showing relationships between variables and outcomes.
