There is a saying, "To save all we must risk all"; however, in project management, we say, "To save all we must manage all risks." For that, the project manager will need to have an understanding of what a risk is and how to identify it. Once the risk has been identified, the project manager will need to have a process to follow.

1. What does risk mean to you?
2. Give an example of a risk and an issue you have faced in your healthcare organization or other previous experiences. How was the risk different from the issue?
3. How did you identify the risk mentioned in No. 2?
4. Reflecting on the risk you gave, how long should this risk be on a risk log, and how many other risks do you think you could have on your risk log at the same time?
5. How did you manage this risk? How would you apply this to managing project risks in the future?