Chapter 5
Finding Opportunities
In the initiation stage of the risk management process, we set the scene for how risk will be managed on this project, and we record our tailoring decisions in the project’s Risk Management Plan. Everyone now knows that we expect to identify and manage opportunities in this project, and we’re ready to get started. The next step is to find those opportunities, alongside the threats. We’re used to looking for downside risks, but how will we identify opportunities? This chapter outlines the purpose and principles of risk identification and briefly describes the main techniques used to identify threats. Some of these can be used or adapted to look for opportunities, but there are also specific techniques that intentionally ...
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