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Running Head: Risk IdentificationRISK IDENTIFICATION[Document subtitle]
Risk Identification1Table of ContentsRisk Identification...........................................................................................................................1Key Input and Output......................................................................................................................1Tools to Identify Risk......................................................................................................................2Involvement in the Risk Identification Process...............................................................................2Importance of Risk Identification Process.......................................................................................2References........................................................................................................................................4
Risk Identification2Risk IdentificationRisk Identification is considered as a process of identifying, recognizing, dividing risk eventsconcerned with a particular project. On the other hand,Haddush (2016)defines that it is aprocess that describes which risk may influence the success of a project and describe theirfeatures.Key Input and OutputInputs are essential for handling the risk in a significant manner. Important inputs of measuringrisk factors are following:Management plan for riskManagement plan of costManagement plan for human resourcesManagement plans for scheduleActivity cost estimatesOrganization environmental factorsScope baselineProject activities duration estimatesStakeholder estimationQuality management planOrganization process assets
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