Risk Categories and Taxonomy
Classification of risks into structured categories.
This topic introduces risk breakdown structures and taxonomies that help in systematically identifying and organizing risks.
5 minutes
5 Questions
Concepts covered: Risk Breakdown Structure (RBS), Risk Taxonomy in Risk Management, Common Project Risk Categories, Risk Categorization by Source: Internal vs External Risks, Risk Classification by Impact Area, Risk Categorization by Project Life Cycle Phases, Risk Categorization by Known and Unknown Risks, Risk Categorization by Risk Urgency/Proximity, Risk Categorization by Control Ability (Controllable vs Uncontrollable Risks)
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