This week, we got a better overview regarding the estimation, planning and risk management for a project.
After reading the materials, I understood how important it is to use a risk identification to define any threats that might directly affect the project. The risk identification involves many people such as the project manager, risk experts, stakeholders, an assigned risk management team, etc… Project risk identification is an iterative process. It is crucial to keep checking any kind of new risks or threats that may arise throughout all the project development process.