Risk Identification Process Fully Explained (+examples)

[@ITProjectManagers]

🔥 There’s one skill that separates great IT Project Managers from everyone else-project tailoring. Most project managers get stuck trying to learn every new tool and process out there. They dive deep into theories but still struggle to deliver projects on time and within budget. It’s frustrating. The truth is, great project managers don’t try to do it all-they focus on tailoring simple processes and tools that work best for their team and projects. That’s what creates transparency, predictability, and results. But here’s the thing-tailoring isn’t just guessing what might work. It’s about knowing three critical components: 1) Understanding project management on a deeper level. 2) Knowing exactly what to tailor. 3) Applying it effectively in real companies with real people. That’s why I created the Professional Development Plan for IT Project Managers-to help you master project tailoring and finally become the project manager who delivers every time, no matter the challenge. ✅ Click the link below to get your development plan now and take the next step toward mastering project management. itpmschool.com/get-plan?

[@PhillyzJamPoet]

Do you have an example of a risk entry and assessment dealing with project interdependencies? For instance your project depends on the delivery of two projects. Is that an example where you’d list it on the risk register/raid log and build it into JIRA for visibility?

[@ITProjectManagers]

Sorry for the late response. In practice, I would do two things: 1. Log it as dependencies. 2. Log risks if I have a feeling that they may delay the delivery. The idea is that a dependency grows into a risk. The risk register entry would be quite straightforward. "If project A delays delivery X, our delivery Y will have a direct impact." The same goes for the second project. And, yes, if you all work in one Jira, I would definitely link dependent issues.

[@reazuldipto7338]

Dmitriy, your video is fantastic! Risk management is a difficult topic for me as a project manager. I studied for the PMP exam. It has a lot of information. However, time and resources are insufficient for everything to happen. As a result, experience is important. I really enjoy your videos. I hope to enroll in your course soon. Love from Bangladesh!

[@ITProjectManagers]

Hi Reazul, thanks for your feedback. It would be really great to see you inside the course. What's the biggest challenge for you right now as a PM?

[@emmyibikunle9231]

This is effing good! And BS free…

[@ITProjectManagers]

I'm glad you enjoyed it! Keeping it real is always the way to go!

[@lizo765]

❤