Basic Project Risk Assessment

A risk assessment is a process of identifying risks and dangers involved while doing a particular activity. A project risk assessment identifies the qualitative and quantitative impact of risks on project outcomes at different stages. The process identifies various risks and helps with risk control and elimination.

Expected Risk
What is the risk involved?
How likely is the risk to occur?
Is the risk critical?
What is the possible end result?
General contingency plans
Explain the protocol for unidentified risks
How are the employees trained on protocols?
Other procedures
Mitigation plan
How are these risks monitored?
Is the risk likely to have a negative impact on deliverables?
How will these risks be mitigated?
What is the possible end result?
other risks
Other risks raised by employees
Other risks raised by project manager

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