Trends and emerging best practices in project risk management
Some of the trends and emerging best practices added to the PMBOK® Guide - 6th edition are due to the expansion of risk considerations on projects and the understanding that some of the risks hiding below the surface that we are not considering may be the project's undoing. Non-event risk categories being one of those types, we need to review this and keep it in mind as we plan for risk management.
Note
Project Management Institute, A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Sixth Edition, Project Management Institute, Inc., 2017, Pages 398-399
Non-event risks
Most of us plan for project risk with the understanding that what we are identifying and creating responses for are event-based risks. These risks are events we can safely say could happen. The customer could change requirements; the seller we use could deliver late; the design could be updated. It is those risk...