Risk Identification and Mitigation
Risk Identification and Mitigation is the project management function of identifying and cataloguing potential threats to project completion or success. This includes understanding the nature of these threats, their potential impacts, and designing appropriate strategies to either avoid, control, or transfer them. By proactively managing risks, projects can remain on track, on budget, and maintain effectiveness.
Level 1: Emerging
At a foundational level you are able to recognize obvious risks to a project and bring them to the attention of your team or supervisor. You follow established processes to document risks as directed, helping to ensure they are not overlooked. Your involvement supports early awareness of potential problems and helps maintain steady project progress.
Level 2: Proficient
At a developing level you are beginning to recognize common project risks and can contribute to basic risk identification activities with guidance. You rely on established tools or checklists to spot potential issues and assist with simple mitigation actions. Your efforts help the team address obvious threats, supporting smoother project progress.
Level 3: Advanced
At a proficient level you are able to systematically identify and assess potential risks throughout all project phases, drawing on your project management experience. You develop and implement practical mitigation plans, ensuring risks are communicated clearly to your team. This helps keep your project on track and minimizes unexpected problems.
