In the Risks section of your project book, supply a document with the following components:

Description of risks Enumerate and describe the risks that undertaking the project may bring to the stakeholders, sponsors, or project team.

Risk severity ranking Rank the risks in order of the likelihood that they might arise. You may say, for example, that this risk is of high severity, while this risk is only of moderate severity.

Contingency plans Describe what you' l l do in the event that you actually encounter a problem that matches a risk you've outlined above.

Note The content of this section is described in Chapter 6,

Requirements Analysis and Risk Assessment." It is often included in, or reproduced from, the requirements document.

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