Identify all the risks. To do so, you will use a WBS and ask yourself, What can go wrong with this work package? for each work package identified at the lowest level of the WBS. Also, you can identify more risks by challenging all the assumptions listed in your project plan. Develop a risk register as discussed throughout the chapter. Develop a risk breakdown structure. Perform a qualitative assessment to prioritize risks. Develop risk response strategies for the top ten risks in the prioritized list of risks. Choose a critical risk and develop a greater understanding of the risk using quantitative risk assessment