Conduct Risk Identification Exercises

Risk identification is where the risk management plan's processes actually get used for the first time. PMI-RMP expects a range of techniques here, not just one brainstorming session: meetings, structured interviews, focus groups, and support from subject matter experts all count as legitimate risk identification exercises, each surfacing risks the others might miss.

Running the exercise is only half the task — the results need detailed analysis afterward, which can mean working through documents, audio transcripts from interviews, or even telemetry data, always with an eye on the actual business context behind the information rather than treating it as a flat list. Every risk identified gets indicated as either a threat or an opportunity from the start, since PMI-RMP treats both as genuine risk categories, not just downside events.

Study focus: a recurring exam distinction is that PMI-RMP risk is explicitly two-sided — threats (negative risk) and opportunities (positive risk) — from the very first identification step, not something that only gets split out later during analysis.