A risk breakdown structure (rbs), in form, is much like a work breakdown structure (wbs) both are organized as hierarchical breakdowns and each contain descending levels with increased detail both are organized as hierarchical breakdowns and each contain descending levels with increased detail. During the risk management process, numerous possible risks are identified in this lesson, we will discuss a risk breakdown structure (rbs) and.
The purpose of the risk breakdown structure (rbs) is to make sure that all project risks are decomposed into manageable chunks each risk is broken down into chunks that a practical to action and allow an appropriate mitigation strategy to be adopted. Introducing the risk breakdown structure (rbs) the risk management process aims to identify and assess risks in order to enable the risks to be understood clearly and managed ef.
Rbs level 0 rbs level 1 rbs level 2 11 scope definition 12 requirements definition 13 estimates, assumptions & constraints 14 technical processes. Using the hierarchical risk breakdown structure the rbs serves as more than just a database for identifying risks to the project when created, the rbs provides a vehicle for risk analysis and reporting, and risk comparison across projects most importantly, the rbs is the tool for risk identification.
Risk breakdown structure (rbs) is a hierarchically organized depiction of project risks into categories and sub-categories in an rbs, risks are organized and structured in such a way to provide a standard presentation of project risks that facilitates understanding, communication and management.
The risk breakdown structure is specifically a tool that represents an organized description of any known project risks that are arranged by a number of categories and characteristics this risk breakdown structure will display all of the risks as well as some of their possible causes.