What tool helps project managers to categorize potential risks by source or by the project area affected, assisting in systemic identification and analysis of the risks?
The Risk Breakdown Structure (RBS) is a tool that organizes potential risks into hierarchically arranged groups based on the source of the risks or the areas of the project they affect. This categorization helps project managers to systematically identify and analyze project risks, ultimately aiding in the creation of a more robust risk management plan.
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What is a Risk Breakdown Structure (RBS)?
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