Why is it important to identify the major risks to a project?
Risk is part of your planning. When you start the planning process for a project, one of the first things
you think about is: what can go wrong?
It sounds pessimistic, but it’s not. It’s precautionary. Because issues will inevitably come up, and you
need a mitigation strategy in place to know how to manage risks on your project.
But how do you work towards resolving the unknown? It’s sounds like a philosophical paradox, but it’s
not. It’s very practical. There are many ways you can get a glimpse at potential risks, so you can identify
and track risks on your project.