Page 353 -
P. 353
11 - PROJECT RISK MANAGEMENT
11.2.2.7 Expert Judgment
Risks may be identified directly by experts with relevant experience with similar projects or business areas.
Such experts should be identified by the project manager and invited to consider all aspects of the project and
suggest possible risks based on their previous experience and areas of expertise. The experts’ bias should be taken
into account in this process.
11.2.3 Identify risks: outputs
11.2.3.1 risk register
The primary output from Identify Risks is the initial entry into the risk register. The risk register is a document
in which the results of risk analysis and risk response planning are recorded. It contains the outcomes of the other
risk management processes as they are conducted, resulting in an increase in the level and type of information
contained in the risk register over time. The preparation of the risk register begins in the Identify Risks process
with the following information, and then becomes available to other project management and risk management 11
processes:
• List of identified risks. The identified risks are described in as much detail as is reasonable. A
structure for describing risks using risk statements may be applied, for example, EVENT may occur
causing IMPACT, or If CAUSE exists, EVENT may occur leading to EFFECT. In addition to the list of
identified risks, the root causes of those risks may become more evident. These are the fundamental
conditions or events that may give rise to one or more identified risks. They should be recorded and
used to support future risk identification for this and other projects.
• List of potential responses. Potential responses to a risk may sometimes be identified during the Identify
Risks process. These responses, if identified in this process, should be used as inputs to the Plan Risk
Responses process.
©2013 Project Management Institute. A Guide to the Project Management Body of Knowledge (PMBOK Guide) – Fifth Edition 327
®
Licensed To: Jorge Diego Fuentes Sanchez PMI MemberID: 2399412
This copy is a PMI Member benefit, not for distribution, sale, or reproduction.
