In this task, you will identify potential risks that may affect the project. This involves brainstorming and analyzing the various factors that could pose a threat to the project's success. By identifying potential risks early on, you can take proactive measures to mitigate their impact. What are the potential risks that you have identified?
Determine the Likelihood of Risk Occurrence
The likelihood of risk occurrence helps in assessing which risks are more probable and should be given priority. During this task, you will evaluate the probability of each identified risk materializing. Consider past experiences, expert opinions, or any data available to assess the likelihood of occurrence. What is the likelihood of occurrence for each potential risk?
