Every risk has a root cause. In the case of projects, the risk root cause will originate from one or more of three sources: Process, People or Product. The majority of risks that are causing a project to fail are associated with Process and/or People root causes.
It is crucial during the Indentify face to register identified risks with the Cause-Risk-Effect format in order to show that you have clearly understood them. Moreover, this helps you at the Risk Response Planning to properly select the right response strategy. Below you can find samples of how to express identified risks in the above mentioned format.
If you would like to learn more about Cause-Risk-Effect Format and Risks concerning the PMI-RMP® exam, please join prep courses (indoor or on-line) by visiting our following training pages:
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