10+ Risk Identification Techniques
John Spacey, September 26, 2016
Risk management is essentially a process of identifying, assessing and treating risk. Risk identification is the initial and most critical step of the process that involves listing out potential future outcomes that result in losses. The following are risk identification techniques and considerations.
Creative ProcessesRisk identification is first and foremost a creative process that involves imagining the future. It is common to include as many people as possible in risk identification including subject matter experts from critical areas to your project or strategy. For example, information technology projects might require a information security expert for risk identification.
AnalysisTechniques based on analysis of past issues and current trends.
Systems ThinkingSystems thinking is the practice of thinking through broad end-to-end impacts.
FailuresPatterns of risk identification failure.
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