risk-analysis

# Risk Analysis

## When to Use This Skill

Use this skill when:

- **Risk Analysis tasks** - Working on risk analysis using risk registers, probability/impact matrices, and mitigation planning. identifies, assesses, and manages project, business, and technical risks with structured response strategies
- **Planning or design** - Need guidance on Risk Analysis approaches
- **Best practices** - Want to follow established patterns and standards

## Overview

Systematically identify, assess, and manage risks using risk registers, probability/impact matrices, and structured response planning. Supports project risks, business risks, technical risks, and opportunity management.

## What is Risk Analysis?

**Risk** is an uncertain event or condition that, if it occurs, has a positive or negative effect on objectives. Risk analysis involves:

- **Identification**: What could happen?
- **Assessment**: How likely? How impactful?
- **Response Planning**: What will we do about it?
- **Monitoring**: Track and update risks

### Risk vs Issue

| Concept | Definition | Action |
|---------|------------|--------|
| **Risk** | Potential future event (uncertain) | Plan response |
| **Issue** | Current problem (certain) | Resolve now |

### Threats vs Opportunities

| Type | Effect | Response Goal |
|------|--------|---------------|
| **Threat** | Negative impact | Minimize exposure |
| **Opportunity** | Positive impact | Maximize benefit |

## Risk Register

The central repository for all identified risks:

```markdown
## Risk Register

| ID | Risk Description | Category | Probability | Impact | Score | Owner | Response | Status |
|----|-----------------|----------|-------------|--------|-------|-------|----------|--------|
| R-001 | [Description] | [Category] | H/M/L | H/M/L | [P×I] | [Name] | [Strategy] | Open |
```

### Risk Register Fields

| Field | Description |
|-------|-------------|
| **ID** | Unique identifier |
| **Description** | Clear risk statement |
| **Category** | Type