Identifying risks
Project risk management

Right from the bid phase, a list of risks and opportunities needs to be drawn up, based on analysis of the project data, knowledge of the customer, and the technical and performance data to be supplied.

Then, during the course of the project, these risks and opportunities may or may not materialize, but unforeseen events may appear, each with a more or less strong positive or negative impact, and the notion of hierarchy between these different events needs to be introduced in order to obtain a ranking for defining treatment priorities.

The SWOT method takes into account internal aspects of the company and its project teams, such as strengths and weaknesses, as well as external aspects such as market opportunities and threats.

Risks are then identified by taking these dimensions into account, thus selecting the team's...