Risk Categorization

Below are the description of all the uses of the working document “Risk Categorization”:

“Risk Categorization” is a tool/technique for the process “Perform Qualitative Risk Analysis “.
Risks to the project can be categorized by sources of risk (e.g., using the RBS), the area of the project affected (e.g., using the WBS), or other useful categories (e.g., project phase) to determine the areas of the project most exposed to the effects of uncertainty. Risks can also be categorized by common root causes. This technique helps determine work packages, activities, project phases or even roles in the project, which can lead to the development of effective risk responses.

This definition was found in the PMBOK V5

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