What is the term for a documented list of identified risks within a project?

The term for a documented list of identified risks within a project is known as the Risk Register. This document serves as a central repository for all the risks that have been identified throughout the project lifecycle. It provides a structured format for capturing relevant details such as the nature of the risk, its potential impact, likelihood of occurrence, and any risk responses or mitigation strategies.

The Risk Register is an essential tool for project managers as it helps in monitoring risks, ensuring they are actively managed and addressed. It is often updated throughout the project to reflect changes in risk status and new risks that may arise. This focus on continuous risk management is critical for successful project execution and enhances the overall effectiveness of decision-making.

In contrast, while a Risk Database refers to a broader collection of risk data that may vary from project to project, it does not capture the detailed risk management process as comprehensively as the Risk Register. A Risk Management Plan outlines the strategy and processes for managing risks but does not formally document them. The Project Plan includes various elements of project execution, but it is not specifically dedicated to detailing identified risks.