How to talk about risks tip 8: Don’t understate the importance or likelihood

Don't downplay how serious or likely a risk is. When you understate risks, people won't prepare properly. Stick to the facts and be clear about potential negative outcomes so teams can plan real responses.
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How to talk about risks tip number 8: don't understate the importance or the severity of a risk. Many of the risks that we communicate involve things that will negatively impact our work. As humans, we don't like talking about the bad things that will happen, and we can have a tendency to underplay the importance or the severity of a risk. If you do this, there is a chance that the audience won't take your risk as seriously as you need them to. There is a chance that your planning for what to do about the risk, whether to mitigate, avoid, transfer, or whatever, that planning won't be as thorough as it needs to be because you've understated the likelihood or the severity and importance of the risk. Now, how do you avoid doing this? Well, stick to the facts. Say what you know to be true. Even if there is a chance of a really bad outcome for your work, say that. The worst thing that you could do is hide the importance or say that there's a much lower chance of something happening, because if you do that, then the event may actually occur and people will wonder why we didn't do more to try and avoid it in the first place. So even though it can be difficult talking about negative effects and negative risks and impacts on our work, when we talk about risks, when we communicate risks, we need to make sure we don't understate the importance, the severity, or the likelihood.
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