IDENTIFY RISKS
Typical Information Gathering Techniques
Brainstorming Delphi technique
· Successive anonymous questionnaires on project risks with responses summarized for further analysis
Interviewing key individuals
Root cause identification
Strengths, weaknesses, opportunities, and threats (SWOT) analysis
Political, Economic Socio-cultural, Technological, Environmental and Legal (PESTEL).
Diagramming Techniques
Risk Register
The Risk Register is a risk management tool essential to fulfil regulatory compliance (ISO / PRINCE2).
The register acts as a repository for all risks identified and includes additional details about each risk including:
· Identified risks
· Potential responses
· Root causes
Updating risk categories (if required)
