Identified Risk

An Identified Risk is any situation that has a significant likelihood of adversely impacting project plans.. Risks are derived from business risk analysis activities, elicitation results, from previous experience, or from any expert knowledge.

[The BABOK shows Identified Risk as an optional guideline used to produce risk analysis results. This work shows that identified risks are a mandatory input from the project manager. This is because the project manager is responsible for creating and managing project risks. The BA assesses those risks to determine their potential impact to the project.]