Comparison of risk identification and assessment methods in projects

Project realization is always connected with a relatively high risk. Project managers try to identify and assess possibly all types of risks to which a particular project is exposed. For this purpose, different methods of identification and risk assessment in projects are used. The selection of the appropriate method or methods guarantees the introduction of an appropriate strategy that will allow reducing the negative effects of risk or even preventing certain events that would have a negative impact on the project. This article show the analysis of the literature on the subject to compare different methods of the risk identification and assessment in projects. It also try to answer the question is there one universal method and if not, what should it include.