Risk identification helps to avoid risks when possible, as well as control them in case this is necessary. Hence, majority of risk identification occurs during Integration and planning process groups. However, full blown risk identification occurs as part of planning. PMBOK® guide lists high-level risks as output of the process of creating a project charter in Integration management. If there is a question on the exam about who should be involved in risk identification, the best answer is everyone. Here is an important tip for PMP® exam prep experienced project managers start looking for risks as soon as a project is discussed. Risk management includes six main processes in In this part of the article, we shall focus on PMBOK® knowledge of Risk management concepts. The article provides knowledge on the topic of Risk Management to help in better preparation of the exam.
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