ABSTRACT
Before exploring the two main topics of the Identification and Planning activities detailed in this chapter it should be noted that risks can have a classification system. This system simply classifies risks in relation to their focus of action. That is the organizational level at which the risk will have the most impact. These could cover four areas and is a separate concept to, but not disconnected from, the risks within the project lifecycle. These risks areas are:
ProjectRisks – risks within the project scope of work that could affect the delivery of the business outcome that the project is set up to deliver. In other words those risks which could affect the delivery of the project’s objectives.
