According to the PMBOK® Guide (6th Edition), the Identify Risks process is the process of identifying individual project risks as well as sources of overall project risk, and documenting their characteristics.
Prompt Lists are a specific Tool and Technique used during this process. A prompt list is a predetermined list of risk categories that might give rise to individual project risks and that could also act as sources of overall project risk. It acts as a framework to provide the project team with a " head start " in the identification process.
Common frameworks used as Prompt Lists include:
PESTLE: Political, Economic, Social, Technological, Legal, Environmental.
TECOP: Technical, Environmental, Commercial, Operational, Political.
VUCA: Volatility, Uncertainty, Complexity, Ambiguity.
Analysis of Distractors:
A (Representations of uncertainty): This is a tool used in Perform Quantitative Risk Analysis. it involves creating models (like probability distributions) to represent the potential impact of risks, rather than identifying the risks themselves.
C (Audits): These are used in the Monitor Risks process to evaluate the effectiveness of the risk management process and the risk responses. They are used to verify compliance and performance, not for the initial identification of risks.
D (Risk categorization): While this sounds like a method to identify risks, it is actually a technique used in Perform Qualitative Risk Analysis. It involves grouping identified risks by their sources (using a Risk Breakdown Structure) to determine which areas of the project are most exposed to uncertainty.
Key Document Reference: Section 11.2.2.9 of the PMBOK® Guide identifies prompt lists as a critical tool for ensuring a comprehensive identification session, preventing the team from overlooking common sources of risk.
Submit