Risks are the negative or positive events that may occur and impact a project. Risks can impact all areas of project elements, such as the schedule, cost, budget, quality, and deliverable.
Based on your knowledge or assigned readings, respond to the following questions:
A common way to structure risk categories is with a Risk Breakdown Structure (RBS). Describe at least three risk categories and share two risk examples that might occur in each. Why do you think it is important to categorize risks on a project?
