CHAPTER

5

Determining Individual Project Risks

Identifying project risks is considered by many to be the most difficult aspect of the project risk management process. The question is: “What can go wrong?” And the follow-up question is: “How do I know that I appropriately identified all the risks that are critical to my project?” This chapter provides practical methodologies that address the specific challenge of identifying project risks. In doing so, the various causes of unsuccessful project execution should be understood, for they are the sources from which risks emanate. Since this is such an important and broad-based topic, it has been split into three chapters. This current chapter provides useful information for distinguishing ...

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