01
Front
What is project risk identification?
Back
Risk identification is the systematic search for uncertain events or conditions that could affect project objectives.
Free Online Flashcard Deck
2 Risk Identification Free Online FlashCards
Study 2 Risk Identification with 12 free online flashcards. Review key terms, definitions, and concepts with this interactive flashcard deck.
12 cards
02
Front
What does the cause describe in a risk statement?
Back
The cause is a current condition or source of uncertainty that could lead to a risk event.
03
Front
Why is a cause alone not a complete risk statement?
Back
A complete statement connects cause, uncertain event, and effect; a cause alone or effect alone is not a complete risk.
04
Front
What should a clear risk statement identify?
Back
Name the objective at stake, such as schedule, cost, scope, quality, safety, or performance.
05
Front
What two kinds of effects can a risk describe?
Back
A risk may be a threat with a possible negative effect or an opportunity with a possible positive effect.
06
Front
What areas can structured risk prompts explore?
Back
Prompts can explore requirements, schedule, resources, technology, suppliers, stakeholders, and external conditions.
07
Front
How can a workshop challenge project assumptions?
Back
Ask what the team is treating as true without proof and what could happen if an assumption is wrong.
08
Front
What information should be captured when recording an identified risk?
Back
Record each distinct risk in the designated list or register, including its cause–event–effect statement, objective, context, and a contact who can clarify it.
09
Front
When should risk identification be repeated?
Back
Repeat it throughout the project as plans, assumptions, and circumstances change.
10
Front
What is the goal at the identification stage?
Back
Describe plausible risks clearly; estimating likelihood and choosing responses come later.
11
Front
What does the event describe in a risk statement?
Back
The event is something uncertain that may or may not happen.
12
Front
What does the effect describe in a risk statement?
Back
The effect is the possible consequence for a project objective.
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