APM Project Management Qualification (PMQ) Practice Exam 2025 - Free PMQ Practice Questions and Study Guide

The identify stage in risk management focuses on recognizing and documenting potential risks that could impact a project's success. This involves gathering information through techniques like brainstorming sessions, interviews, and checklists to ensure that all possible risks are considered. Effective identification means that all relevant stakeholders contribute their insights, leading to a comprehensive list of risks that could arise during the project.

Once risks are identified and documented, the next steps in risk management would typically involve evaluating them, assessing their likelihood and impact, and planning responses. However, these follow-up activities occur in later stages of the risk management process, which is why they are not applicable to the identify stage. The emphasis during this phase is solely on bringing forth potential risks without delving into their analysis or planning responses to them, which are essential in the subsequent stages.