risk event such as a probability of occurrence, impact, and severity as well as contingency planning and assigning owners responsible for the risk event. This again is thejob of the project manager to understand this level of detail using tools and techniques that are covered later in this book to help the project manager identify risks, given all the information available for a work activity.\" (2015) When developing a risk management plan, there are generally 10 steps that make up the risk process. The rst is risk identication. In this step, the goal is to develop a process \"accurately identify potential risks within work activities on a project. This is a vital step and should not be taken lightly. This is covered in more detail in Chapter 2. "Identifying Risk." Although the project manager is responsible for developing a risk management plan, she doesn't always have to perform all the actions required within the plan, and she can solicit help from others, such as subject matter experbs and those qualied to perform risk identication and analysis. The project manager should prepare a complete and accurate assessment of risk. so it's in the best interest of the project to seek out as many expert individuals as possible to assist in risk identication and analysis. It's important that the project manager and others who assist in information gathering for identifying risks know the primary goal is to identify as many risks as possible, which includes the smallest impact risk to the obvious larger, more severe risks. The second goal of risk identication is categorizing risks to organize them based on probability of occurrence, severity, and impact to the project." {2015}