by: Dr David Hillson PMP FAPM, April, 2006
IN ORDER TO UNDERSTAND A RISK FULLY IT IS HELPFUL TO IDENTIFY ITS CAUSES AS WELL AS ITS EFFECTS. RISK METALANGUAGE CAN HELP BY SEPARATING CAUSE-RISK-EFFECT IN A THREE-PART DESCRIPTION, SUCH AS “BECAUSE OF <ONE OR MORE CAUSES>, <RISK> MIGHT OCCUR, WHICH WOULD LEAD TO <ONE OR MORE EFFECTS>.” THIS STRUCTURED DESCRIPTION NOT ONLY ENSURES CLEAR DEFINITION OF THE RISK, BUT CAN ALSO BE USEFUL WHEN DEVELOPING RESPONSES.
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