Risk Breakdown Structure (RBS)
Developed by Dimitrios Machairas
A Risk Breakdown Structure is a tool that depicts in the form of a graph the risks a project might face as it develops. Commonly, this tool's structure follows a hierarchical representation of risk, starting with the top levels and consequently moving down to more specific risks. The scope of this tool is to help project managers map out the possible risk exposure of the project - every parameter that might affect the regular progression of the project. Risk Breakdown Structure (RBS) is a tool developed by Dr. David Hillson and he describes it as: "A Source-oriented grouping of project risks that organize and defines the total risk exposure of the project. Each descending level represents an increasingly detailed definition of sources of risk to the project."
Contents |
1. Relation with Work Breakdown Structure (WBS)
2. Risk Breakdown Structure Template Example
3. How to Use the RBS
4. Introduction to IT project management By Cynthia Snyder, Frank Parth
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.
