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12 Examples of Resource Risk

 , updated on July 21, 2023
Resource risk is the potential that you will fail to meet a goal due to a lack of resources. Resources can include financing, facilities, equipment, skilled workers and anything else you need to achieve a particular goal. The following are common examples of resource risk.

Workforce Risk

The general risk that you will not be able to secure employees, contractors, freelancers and other contributors or that they will not be productive due to factors such as extended absences.

Employee Turnover

Employees leaving a firm.

Performance Risk

Inadequate employee performance.

Employee Engagement

Engagement issues such as employees who are often absent or late for meetings.

Competency Risk

A shortfall of skills, knowledge and requisite experience.

Financial Risk

The risk of insufficient funding or unexpected costs and budget overruns.

Supply Risk

Insufficient supply of resources such as equipment, parts, components and other supplies.

Technology Risk

Inability to procure required technology or technology that is unreliable and unsuited to its purpose.

Infrastructure Risk

Infrastructure outages or inability to procure infrastructure.

Facility Risk

Risks related to access to facilities such as offices, data centers and factories.

Cybersecurity Risk

The risk of a cybersecurity incident that disrupts work processes and resources.

Disaster Risk

The risk of a disaster such as an earthquake, environmental emergency or hurricane.
Overview: Resource Risk
Type
Definition
The potential that sufficient resources won't be available to meet a goal.
Specific Examples
A project that can't secure a skilled technician within the scheduled time frame.
A project that's delayed due to a slow budget approval processes.
Risk Treatments
Related Concepts
Next: Human Resources Risk

Business Risks

This is the complete list of articles we have written about business risks.
Budget Risk
Capacity Risk
Country Risk
Customer Risk
Cybersecurity Risk
Dispute Risk
Enterprise Risk
HR Risk
Platform Risk
Progress Trap
Resource Risk
Risk Impact
Risk Measurement
Service Risk
Short Squeeze
Technology Risk
Weather Risk
Workforce Risk
More ...
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