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Once the project is approved and it moves into the planning stage, risks are identified with each major group of activities. A risk breakdown structure (RBS) can be used to identify increasing levels of detailed risk analysis.
Example: Risk Breakdown Structure for John’s Move
John decides to ask Dion and Carlita for their help during their first planning meeting to identify risks, rate their impact and likelihood, and suggest mitigation plans. They concentrate on the packing phase of the move. They fill out a table of risks, as shown in Figure 16.4 Risk Breakdown Structure (RBS) for Packing John’s Apartment .
Figure 16.4 Risk Breakdown Structure (RBS) for Packing John’s Apartment
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