Identifying project risks
Something that might go wrong and harm a project plan, such as a late deadline, a tool failing or a team member being absent. Risks are listed before they happen.
Understanding Identifying project risks in Years 9–10 Data & Information
What it does: Running out of time is a time risk, and writing it down early lets the team add extra days to the plan. The risk is recorded in week 1, before it has happened, which is the point of identifying project risks. Risks are listed before they happen so the team can prepare a response and avoid surprises. Data loss and device or tool failure are technical risks. Backing up files to a shared drive helps reduce them. Team risks involve people, such as absence, conflict or one person holding all the skills. A Wi-Fi outage is a technical risk. A good risk statement is specific. It says what might go wrong and what harm it could cause to the plan.
Common mistakes: A risk is something that might go wrong in the future. A laptop that already failed is a problem, not a risk. It should read 'Risk: Laptop may fail'. Risks must be listed before they happen so the team can plan for them. It should read 'Listed: before it happens'.
Free printable worksheet with full answer key — or add this module to a class and your students practise it interactively.
This module's key terms are also in a printable crossword (Modules 83–132) and word search (Modules 6–132).
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