Identify the risks and opportunities that could influence the performance of our organization or disrupt its operation.

Consider how our organization’s context could affect how well we are able to achieve intended results.

Consider how our organization’s interested parties could affect how well we are able to achieve intended results.

Consider our risk mitigation options to lower the risk within tolerance.

For high impact risks and opportunities, identify handling actions to mitigate risks and increase the chance of capturing opportunities.

Put handling actions on the backlog and track the work items to closure.