Driving clarity in risk assessment
During the introduction to driving clarity in Chapter 4, 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 early on in the project. 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!
Regardless of when the process starts, the steps are the same. Part of the process was outlined in Figure 4.3 in Chapter 4, but the full process has two additional steps that Figure 6.1 outlines:
Figure 6.1...
