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_____ lists each risk and assesses the likelihood that it could affect a project.

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asarwar

Risk identification lists each risk and assesses the likelihood that it might affect a project.

Risks are uncertain conditions or events that may affect a project. Thus, it is a vital step to list all risks and assess their likelihood that might happen on the project. Risk identification is one such process that lists each potential risk and assesses the likelihood that those risks could affect the project.

Risk identification not only prepares for possible harmful risks but also helps to minimize their impact on the project before they occur, ultimately leading to project success. The steps involved in risk identification are:

  1. List each risk
  2. Identify possible causes of their occurrence
  3. Assign the role to individuals to resolve risks in case they occur and
  4. Assess the likelihood of a potential affect that risks might have on the project

You can learn more about risk identification at

https://brainly.com/question/28214983

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