Process Definition

Identifying risks, like anything else is a process.  Project management team members, stakeholders, and expert judgment join together to review the scope and detail of their assigned project, to expose and identify risks that could threaten project success. 

Figure 22. Identify Risks: Inputs, Tools and Techniques, and Outputs. Reprinted from "A Guide to the Project Management Body of Knowledge (PMBOK Guide), 5th Edition" by Project Management Institute, 2013, p. 319. Copyright 2013 by Project Management Institute, Inc. Reprinted without permission.

Process Assessment 

This process is not one that can be done once and then left to serve as the project risk roadmap.  It needs to be reviewed and considered as each activity, or deliverable point is reached.  Projects are fluid and dynamic and require monitoring to ensure new issues do not creep into the plan and create a previously unidentified risk.  As part of the stakeholder communications process, risk reporting should be included to help each stakeholder understand risk concern and possible impact. 

ARTIFACTS

1. Risk Management Plan: This PMGT 613 Group 3 assignment establishes the Risk Management Plan as an input to the Identify Risks Process.
2. Tools & Techniques: This PMGT 613 assignment assesses, as a technique, risk based on various information gathering techniques.  
3. Risk Register:  This PMGT 613 Group 3 assignment establishes the risk register as an output to the Identify Risks Process.