In this lesson, you learn how to identify, evaluate, and
document risks in the project. To mitigate or counter a risk, you
must create risk actions.
About this taskRisk management is integral to project management. Project
managers analyze their environment to identify potential risks and
then track and manage the risks throughout the project lifecycle.
For comprehensive information about risk management, see the Define and manage risks tutorial.
To identify and
- Use the Risk work item type to record risks and evaluate
the probable impact and cost. For more information, see Defining risks.
- Create a risk action with which you can track an action
to mitigate or counter a risk. For more information, see Creating risk actions.