Architecture Risk | Benefit Shortfall |
Budget Risk / Cost Risk | Business Continuity Risk |
Change Management Risk | Change Risk |
Communication Risk | Compliance Risk |
Contract Risk | Deployment Risk |
Design Risk | Disaster Risk |
Exchange Rate Risk | Facility Risk |
Health & Safety Risk | Information Security Risk |
Integration Risk | Legal Risk |
Operational Risk | Partner Risk |
Performance Risk | Political Risk |
Procurement Risk | Project Management Risk |
Quality Risk | Reputation Risk |
Resource Risk | Schedule Risk |
Scope Risk | Stakeholder Risk |
Supplier Risk | Technology Risk |
Project Risks
Project risks include possible failures of the project itself such as a failure to manage scope, external risks such as political disruptions and internal risks such as concurrent change to an organization that invalidates some element of the project. The following are a few examples of a project risk.An IT project documents the architecture risk that the architecture for the project will not support the project requirements and objectives such that the project needs to be rearchitected.
A construction project documents the legal risk of a dispute with neighbors of the construction site.
A project registers the risk that the project will go over budget. This is mitigated with project management practices and controls such as change control.
An IT project identifies the quality risk that a deliverable will not be accepted by the project resulting in costly schedule delays.
| Overview: Common Project Risks | ||
Type | ||
Definition | The potential for losses related to a project. | |
Related Concepts | ||
