When discussing risks, talk about each one separately instead of lumping them together. A house project might face late window delivery, tile delays, and timber shortages, but each has different causes and solutions. Breaking risks into specific events makes them easier to manage and understand.
Chapters
How to talk about risks, tip number 5: be specific about individual risks. When talking about risks, it's easy to fall into the trap of grouping risks together. Now, an example of this is if you were building a house and you wanted to talk about the risk of materials being delivered late. That's a category of risk, because the people delivering the tiles for the roof could be different from those delivering the windows or the timber for the frame. If you group everything together in a category, you can't talk about the individual cause, likelihood, and effect for each of those risks. Now, if you don't focus on individual risks, you will make it much harder to manage those risks. You will also make it harder for the person that you're talking to to understand what you want them to do. Now, how do you focus on individual risks rather than Categorizing them? Think about the specific events, specific likelihoods, and specific outcomes. Using the house example, the delivery of windows, tiles, and timber are 3 different items. If there's a risk of them being delivered late, talk about each one separately. And if you're getting 3 shipments of, of windows, maybe each shipment could have its own individual risk for being late. This helps you manage risks at a smaller level, and the smaller the item, the easier it is to work out what to do about it. So when you're talking about risks, make sure you're specific about the individual risks.
