Risk Assessment

"There is only one time when it is possible to state the cost and the end date of a project with certainty: when it is complete."

1. A risk is something that may place the success of the project in jeopardy;
2. an issue is a risk (known or unknown) that has happened;
3. an assumption is a guess that, by virtue of being unknown, is a risk.

Risk management rather then issue management is essential to effective project management. Successful project managers seeks to identify and mitigate risks, minimise likelihood of issues occuring and reduce the number of assumptions made during the life of the project.

Any plan is a forecast. Risk management helps reduce uncertainty by using these steps:
1. Identify
2. Qualify
3. Evaluate
4. Mitigate

Business Driver help you to assess the risks of every project following the previous steps.


A real-time bubble chart give you the evidence of risks that your project is going to meet, so you will be able to prevent them with a good mitigation.