Risk Assessment

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Avoiding pitfalls takes planning.

We don’t just do product management. We do risk-based product management.

During the strategy phase of any project, it’s essential to identify the biggest complexities and greatest risks involved. Risk assessment involves looking at a project critically and determining the areas that are most fraught, involving the most uncertainty. Each risk, in turn, is evaluated against two axes: likelihood of occurrence and severity of the outcome.

The ultimate goal of risk assessment is a risk mitigation plan. Risk mitigation reduces production time by revealing obstacles early on, and it improves customer satisfaction by decreasing the incidence of design flaws or defects. Avoiding false steps saves time on needless iterations, allowing our team to focus our efforts more effectively while saving our clients cash.

table showing differences between likelihood of occurrence and severity of the outcome

Avoid pitfalls

Risk Assessment work