This article presents a nice overview of risk planning and mitigation implementation common for most organizations and projects. In the case of BI projects, the risk planning process can be similar, but the pitfalls are unique to BI. They are most likely to be related to technology and data.
Risk Management Process
Example: Risks in John's Move
In John's move, John makes a list of things that might go wrong with his project and uses his work breakdown structure as a guide. A partial list for the planning portion of the RBS is shown in Figure 16.2.
Figure 16.2 Risk Breakdown Structure (RBS)
The result is a clearer understanding of where risks are most concentrated. This approach helps the project team identify known risks, but can be restrictive and less creative in identifying unknown risks and risks not easily found inside the WBS.