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)