Risk Breakdown Structure (RBS)

Revision as of 16:50, 10 February 2022

A risk breakdown structure is a type of graph or flowchart that attempts to account for all the risk exposure a project faces as it unfolds. Typically, a risk breakdown structure is a hierarchical representation of risk, starting with high levels and broad categories of risk and moving down to more specific, detailed risks. The point of the risk breakdown structure is help project managers to brainstorm and document a project’s risk exposure — everything that might affect the proper progression of a project. This planning tool can help a company or project team be better prepared for the likeliest to the unlikeliest of risks, so the project deliverables will be as close to the original expectations as possible.

1. Relation with Work Breakdown Structure (WBS)

2. Risk Breakdown Structure Template Example

3. How to Use the RBS

References

Hillson, David. (2003). Using a Risk Breakdown Structure in project management. Journal of Facilities Management. 2. 85-97. 10.1108/14725960410808131.

Munier, Nolberto. (2014). Risk management for engineering projects: Procedures, methods and tools. 10.1007/978-3-319-05251-9.