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50 RISKS

you should identify in your


project planning

Justin Bateh, PhD, PMP


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1 Scope Creep

Monitor project
deliverables and
tasks against the
initial project scope;
request stakeholder
feedback regularly.

Justin Bateh, PhD, PMP


Inadequate
Requirements

2 Definition

Conduct regular
stakeholder meetings
and validate the
project's requirements
against the original
documentation.

Justin Bateh, PhD, PMP


Resource
3 Constraints

Analyze current
resource utilization
against the project
plan and seek
feedback from team
leads.

Justin Bateh, PhD, PMP


Budget
4 Overruns

Compare ongoing
expenses against
the budget
regularly and look
for unexpected
spikes in costs.

Justin Bateh, PhD, PMP


5 Timeline Delays

Monitor progress
against the project
timeline, noting
milestones that are
overdue or
approaching.

Justin Bateh, PhD, PMP


6 Team Turnover

Track team morale


through surveys,
and observe for
sudden departures
or a spike in
resignation rates.

Justin Bateh, PhD, PMP


Inadequate
7 Communication
Seek feedback
about
communication
clarity and
frequency; review
communication
channels.

Justin Bateh, PhD, PMP


Technical
8 Failures

Use system health


checks, and monitor
for outages or
repeated technical
issues.

Justin Bateh, PhD, PMP


9 Vendor Delays

Monitor vendor
progress through
regular updates,
and review delivery
timelines.

Justin Bateh, PhD, PMP


Contractual
10 Disputes

Review contracts
thoroughly and
monitor for
disagreements in
interpretations or
unmet clauses.

Justin Bateh, PhD, PMP


Unrealistic
11 Expectations
Regularly check
with stakeholders
and team members
to ensure that
project
expectations match
realistic outcomes.

Justin Bateh, PhD, PMP


Stakeholder
12 Conflicts

Conduct periodic
stakeholder
meetings and
watch for signs of
disagreements or
tensions.

Justin Bateh, PhD, PMP


Insufficient
Quality
13 Assurance

Ensure that all


deliverables
undergo a strict
quality check and
feedback process.

Justin Bateh, PhD, PMP


Regulatory
14 Changes

Stay updated with


industry newsletters
and authorities
about potential
regulatory changes.

Justin Bateh, PhD, PMP


Market
15 Dynamics
Regularly review
market trends,
news, and
competitor
movements that
might impact the
project.

Justin Bateh, PhD, PMP


Natural
16 Disasters
Monitor
meteorological and
geological forecasts,
especially if the
project relies on
location-specific
activities.

Justin Bateh, PhD, PMP


Economic
17 Fluctuations

Stay abreast of
global and local
economic news,
and monitor
financial markets.

Justin Bateh, PhD, PMP


Technology
18 Obsolescence

Keep an eye on
industry tech news
and software
updates relevant to
the project.

Justin Bateh, PhD, PMP


19 Skill Gaps

Assess team skills


regularly against
project needs and
look for gaps or
training needs.

Justin Bateh, PhD, PMP


Misalignment
with Corporate
20 Goals

Ensure project goals


are revisited and
aligned with
broader company
objectives at regular
intervals.

Justin Bateh, PhD, PMP


Security
21 Breaches

Regularly update
and check security
systems and watch
for suspicious
activities or
breaches.

Justin Bateh, PhD, PMP


Unforeseen
22 Dependencies

Regularly review
project dependency
maps and validate
with real-time
progress.

Justin Bateh, PhD, PMP


Integration
23 Challenges

Periodically test
system and
software
integrations for any
issues or
inconsistencies.

Justin Bateh, PhD, PMP


Change
Management
24 Resistance

Gauge team
responses to
changes, conduct
surveys, and open
channels for
feedback.

Justin Bateh, PhD, PMP


Loss of Key
25 Personnel

Monitor the job


satisfaction and
engagement levels
of essential project
members.

Justin Bateh, PhD, PMP


Flawed
26 Assumptions
Regularly validate
underlying
assumptions of the
project against new
data and
stakeholder
feedback.

Justin Bateh, PhD, PMP


Cultural
Differences
27 Be observant of
communication
challenges or
misunderstandings
arising from varying
cultural norms
within the team or
stakeholders.

Justin Bateh, PhD, PMP


Political or
28 Social Instability
Monitor local news
and advisories,
especially if the
project is based in
or depends on
regions known for
volatility.

Justin Bateh, PhD, PMP


Hardware
29 Failures

Implement periodic
hardware
diagnostic checks
and maintain logs
of hardware health.

Justin Bateh, PhD, PMP


30 Software Bugs

Ensure continuous
software testing
phases and actively
seek user feedback
after each release.

Justin Bateh, PhD, PMP


Inadequate
Documentation
31 Review
documentation for
clarity and
completeness;
ensure team
members and
stakeholders can
access and
understand it.

Justin Bateh, PhD, PMP


Failure to
32 Identify Risks

Regularly conduct
risk assessment
workshops;
encourage team
members to voice
potential risks.

Justin Bateh, PhD, PMP


Inaccurate Risk
33 Assessment

Periodically review
and recalibrate risk
assessment metrics
and methods to
align with project
reality.

Justin Bateh, PhD, PMP


Inadequate Risk
Response
34 Planning

Revisit risk response


plans to ensure they
remain effective
and relevant to the
current project
stage.

Justin Bateh, PhD, PMP


Poor Risk
35 Monitoring

Implement
continuous risk
monitoring tools;
ensure periodic
review of risk
metrics.

Justin Bateh, PhD, PMP


Inadequate
Contingency
36 Plans

Regularly test and


review contingency
plans to ensure they
are actionable and
relevant.

Justin Bateh, PhD, PMP


Project
Complexity
37 Underestimation

Conduct periodic
project reviews;
compare current
complexity against
initial estimations.

Justin Bateh, PhD, PMP


Inadequate
38 Training

Monitor team
performance and
feedback to detect
areas needing
training.

Justin Bateh, PhD, PMP


Intellectual
39 Property Issues
Stay updated with
IP laws; ensure
project
materials/methods
don't infringe
existing
patents/copyrights.

Justin Bateh, PhD, PMP


Stakeholder
40 Misalignment

Regularly align with


stakeholders to
ensure their
expectations match
project progress.

Justin Bateh, PhD, PMP


Inadequate
Resource
41 Allocation

Conduct resource
audits; ensure all
project aspects are
adequately staffed
and resourced.

Justin Bateh, PhD, PMP


Failure to
Update Risk
42 Register

Periodically review
the risk register;
compare with
ongoing project
activities.

Justin Bateh, PhD, PMP


Inadequate
Crisis
Management
43 Plan

Regularly test and


evaluate the crisis
response plan for
feasibility and
effectiveness.

Justin Bateh, PhD, PMP


Ethical
44 Dilemmas

Foster environment
for voicing
concerns; stay
updated with
industry ethical
standards.

Justin Bateh, PhD, PMP


Health and
45 Safety Incidents

Implement and
monitor
health/safety
protocols, especially
in physical project
environments.

Justin Bateh, PhD, PMP


Currency
46 Fluctuations

Monitor financial
markets/forecasts
for projects dealing
in multiple
currencies.

Justin Bateh, PhD, PMP


Legal Actions or
47 Lawsuits

Regularly consult
with legal teams;
ensure project
activities are
compliant with
laws/regulations.

Justin Bateh, PhD, PMP


Competitive
48 Disruptions

Monitor competitor
moves/launches
that could impact
project's market
position.

Justin Bateh, PhD, PMP


Organizational
Structure
49 Changes

Stay aligned with


company
news/announceme
nts regarding major
organizational
changes.

Justin Bateh, PhD, PMP


Lack of
Tool/Infrastructure
50 Support

Monitor the
performance/availa
bility of essential
tools or
infrastructure.

Justin Bateh, PhD, PMP

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