Driving clarity in risk assessment
During the introduction to driving clarity in Chapter 5, we discussed the cyclical relationship between project planning and risk assessment. Now, we’ll drive clarity in terms of what risk assessment is and how we continue to manage risk throughout the project’s life cycle.
Risk assessment starts as soon as you have enough information to start assessing, which can be as early in the project as initiation. If you start with a project in a domain that you know very well, a single paragraph about the goal of the project may be enough to start analyzing risks. In other cases, where the domain or project itself is too vague, it may take a full requirements document to start analyzing, which is in itself a risk!
I’ve been in the same domain area for over a decade, so I know the business aspects of the tax domain very well. I also know our technical landscape and product vision. As such, when new legislation is passed, the legislation...
