Risk Identification: How to Identify Project Risks

You cannot manage your project risks until you know what it is you need to manage. So, in this video, let’s see the different ways to identify risks to your project. This video is sponsored by RiskyProject: https://bit.ly/Risky_Project This is a complete suite of project risk analysis and project risk management software that integrates with all major scheduling and planning tools, and covers the complete risk life cycle. We often start our Risk Management Process with a Risk Management Kick-off Workshop. Too often, Project Managers just like to stick with their favorite risk identification techniques. Brainstorming Brain Writing Horizon Scanning: SPECTRES Risk Database Risk Breakdown Structure Work Breakdown Structure Risk Identification Pre-Mortem For more on the pre-mortem technique, we have a full video, What is a Pre-mortem? ...and how do you run one? https://youtu.be/x97IzhB5bPo And do take a look at Gary Klein's excellent book, The Power of Intuition: https://geni.us/hdw9fi Recommended Videos Carefully curated video recommendations for you: 🎬 What is a Pre-mortem? ...and how do you run one? https://youtu.be/x97IzhB5bPo 🎬 How to Create a Work Breakdown Structure: A WBS Masterclass https://youtu.be/PyR2VLP3xnA 🎬 Project Risk Management - How to Manage Project Risk https://youtu.be/xXV_gjtXMSk 🎬 What to Put in Your Risk Register (Risk Log) https://youtu.be/vkEPGFVVwfM 🎬 4 Types of Project Risk - Different Forms of Uncertainty https://youtu.be/iOFjmR3-sqk 🎬 How to Create a Risk Management Plan https://youtu.be/9MAHX2Wv8pk 🎬 Top 5 Ways to Remove a Risk Entirely https://youtu.be/I5V-bhSagBk 🎬 Risk Management - 5 Tips to Do it Right https://youtu.be/Q6JHsVEOVhM 🎬 How to Do Risk Management in Agile Projects https://youtu.be/f3SY_lM7Hhs 🎒 A while back, I asked Project Managers in a couple of forums what material things you need to have, to do your job as a Project Manager. They responded magnificently. I compiled their answers into a Kit list. https://kit.co/MikeClayton/what-a-project-manager-needs Note that the links are affiliated. 🎬 For more great Project Management videos, please subscribe to this channel: https://www.youtube.com/channel/UCMZfp1_wquyegVY9SoER0Nw?sub_confirmation=1 🎁 For all our great Project Management articles and resources, please check out the OnlinePMCourses website: https://onlinepmcourses.com/ 🏛 For basic Management Courses - free training hosted on YouTube, with 2 new management lessons a week, check out our sister channel, Management Courses: http://youtube.com/c/managementcourses 🎓 For more of our Project Management videos in themed collections, join our Free Academy of Project Management: https://onlinepmcourses.com/free-academy-of-project-management/ ⏱ Chapter Markers... 00:00 - You need to identify your risks 00:22 - Sponsorship Statement: RiskyProject 00:40 - Risk Management Kick-off Workshop 01:34 - Brainstorming 03:22 - Brain Writing 05:54 - Horizon Scanning 08:57 - Risk Database 09:38 - Risk Breakdown Structure 10:46 - Work Breakdown Structure 11:40 - Pre-mortem 12:32 - Next steps #RiskManagement #ProjectManagement #RiskIdentification