Description
It is the process of evaluating and prioritizing the risks for further analysis based on their probability of occurrence and impact on the project. It is used in the Planning Process Group and in the Risk Mgmt Knowledge Area.
Process Group
This activity is done in the following Process Group(s) during the project management.
Planning
Knowledge Area
This activity is done in the following Knowledge Areas during project management.
Project Risk Mgmt.
Tool
This activity is performed by using the following project management tools and techniques by the project manager and the team.
Tool Type | Tool |
Data analysis Tool | Assessment of other risk parameters |
Risk data quality assessment | |
Risk probability and impact assessment | |
Data gathering Tool | Interviews |
Data representation Tool | Hierarchical charts |
Probability and impact matrix | |
Interpersonal and team skills Tool | Facilitation |
Common Tool | Expert judgment |
Meetings | |
Risk categorization |
Input
Performing this project management activity uses the following inputs to be used along with the tools and techniques in order to produce the expected outputs as mentioned below.
Input Type | Input |
Common Input | Enterprise environmental factors |
Organizational process assets | |
Project documents | Assumption log |
Risk register | |
Stakeholder register | |
Project management plan | Risk management plan |
Output
This activity in project management results in the following outputs after proving the required inputs and using the appropriate tools or techniques as mentioned above.
Output Type | Output |
Project documents updates | Assumption log |
Issue log | |
Risk register | |
Risk report | |
Project documents updates | |
Project documents updates | Assumption log |
Issue log | |
Risk register | |
Risk report |
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