Risk Identification

I frequently ask new project managers what a risk becomes when it triggers. The most frequent answer I get is “an issue”. They’re almost right.

When a risk triggers, it becomes a change. When a risk triggers, it will likely change at least one of the triple constraints (time, cost or scope). It, therefore, is a change.

Want a easy way to identify risks for a project ?  Check out the change requests and change logs from previous, similar projects. EVERY CHANGE TO EVERY PROJECT SHOULD HAVE BEEN PREVIOUSLY IDENTIFIED AS A RISK.

Change logs and forms from previous projects is a very reliable and quick way to identify risks in your current projects.