Risk Identification Process Fully Explained (+examples)

Risk identification is a critical aspect of risk management. Many managers know the theory behind risk identification techniques. However, applying this knowledge in practice is hard.
I'll share everything I learned about risk identification techniques: how to use them in the real world, when to use them efficiently, and several examples.
👇🏼 HOW CAN I HELP YOU?
✅ Discover How To Manage Risks So You Can Finish Your Project Successfully
pages.itpmschool.com/risk-man...
✅ Become a Senior IT Project Manager in 45 days
itpmschool.com/go/career-acce...
====================
MENTIONED IN THIS VIDEO
====================
Risk Categories: itpmschool.com/risk-categories/
Risk Register: • Risk Register Example ...
Dmitriy Nizhebetskiy is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.
00:00 | Intro
00:37 | What is Risk Identification?
03:31 | Risk Identification Techniques
05:49 | The Best Risk Identification Technique
07:12 | Technique #1
08:47 | Technique #2
10:26 | Technique #3
12:59 | Technique #4
14:26 | Technique #5
15:27 | Technique #6
16:23 | What should I do with risks?
#projectmanagement #management

[@ITProjectManagers]

✅ Discover How To Manage Risks So You Can Finish Your Project Successfully
pages.itpmschool.com/risk-management

[@reazuldipto7338]

Dmitriy, your video is fantastic! Risk management is a difficult topic for me as a project manager. I studied for the PMP exam. It has a lot of information. However, time and resources are insufficient for everything to happen. As a result, experience is important. I really enjoy your videos. I hope to enroll in your course soon. Love from Bangladesh!

[@ITProjectManagers]

Hi Reazul, thanks for your feedback. It would be really great to see you inside the course. What's the biggest challenge for you right now as a PM?

[@PhillyzJamPoet]

Do you have an example of a risk entry and assessment dealing with project interdependencies? For instance your project depends on the delivery of two projects. Is that an example where you’d list it on the risk register/raid log and build it into JIRA for visibility?

[@ITProjectManagers]

Sorry for the late response.
In practice, I would do two things:
1. Log it as dependencies.
2. Log risks if I have a feeling that they may delay the delivery.
The idea is that a dependency grows into a risk.
The risk register entry would be quite straightforward.
"If project A delays delivery X, our delivery Y will have a direct impact."
The same goes for the second project.
And, yes, if you all work in one Jira, I would definitely link dependent issues.

[@lizo765]

❤