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11 - PROJECT RISK MANAGEMENT

11.2.1.5 Human resource Management Plan

Described in Section 9.1.3.1. The human resource management plan provides guidance on how project human
resources should be defined, staffed, managed, and eventually released. It can also contain roles and responsibilities,
project organization charts, and the staffing management plan, which form a key input to identify risk process.

11.2.1.6 Scope Baseline

Described in Section 5.4.3.1. Project assumptions are found in the project scope statement. Uncertainty in
project assumptions should be evaluated as potential causes of project risk.

The WBS is a critical input to identifying risks as it facilitates an understanding of the potential risks at both
the micro and macro levels. Risks can be identified and subsequently tracked at summary, control account, and/or
work package levels.

11.2.1.7 Activity cost Estimates

Described in Section 7.2.3.1. Activity cost estimate reviews are useful in identifying risks as they provide a
quantitative assessment of the likely cost to complete scheduled activities and ideally are expressed as a range,
with the width of the range indicating the degree(s) of risk. The review may result in projections indicating the
estimate is either sufficient or insufficient to complete the activity (i.e., pose a risk to the project).

11.2.1.8 Activity duration Estimates

Described in Section 6.5.3.1. Activity duration estimate reviews are useful in identifying risks related to the time
allowances for the activities or project as a whole, again with the width of the range of such estimates indicating
the relative degree(s) of risk.

11.2.1.9 Stakeholder register

Described in Section 13.1.3.1. Information about the stakeholders is useful for soliciting inputs to identify risks,
as this will ensure that key stakeholders, especially the stakeholder, sponsor, and customer are interviewed or
otherwise participate during the Identify Risks process.

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