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Risk Category

A classification that groups related sources or triggers of risk.

Key Points

  • Organizes risks by common source to make identification and analysis more systematic.
  • Often used to build a Risk Breakdown Structure (RBS) for top-down risk reviews.
  • Should be tailored to the project or organization (e.g., technical, external, organizational, project management).
  • Improves coverage, reduces duplicate entries, and helps assign ownership and reporting.

Example

On a software project, the team defines categories such as Technical (new API stability), Vendor (third-party SLA), Compliance (privacy regulations), and Schedule (resource availability). They brainstorm risks under each category to ensure comprehensive coverage and assign owners to each category for follow-up.

PMP Example Question

During risk identification, the team groups threats and opportunities under headings like Technical, External, Organizational, and Project Management. What are these headings called?

  1. Risk Category
  2. Risk Trigger
  3. Risk Threshold
  4. Risk Event

Correct Answer: A — Risk Category

Explanation: These headings classify related sources of risk, helping structure the risk register and analysis.

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