During the Planning phase of a project, a Risk Assessment should be completed as a key milestone. This involves identifying potential risks to the project's success, analyzing their potential impact, and determining strategies to mitigate them. Completing the risk assessment at this stage helps the project team plan proactively and ensures that risks are managed effectively throughout the project lifecycle.
Key Elements of Risk Assessment in the Planning Phase:
Identification of Risks: Potential risks related to timelines, resources, technology, and stakeholder expectations are identified and documented.
Analysis of Impact: The impact of each risk is evaluated to understand its potential effect on project success.
Mitigation Strategies: Plans are developed to address or reduce the likelihood of high-impact risks, such as implementing fallback plans or allocating additional resources.
Adobe Experience Manager Reference:
Risk assessment is a standard part of project management and is essential during the planning phase of any AEM project. Adobe's project management documentation recommends conducting thorough risk assessments early on to avoid unforeseen complications later in the project lifecycle.