As inferred previously,identifying project risks is the process of defining which risks might impact aproject and documenting the features of those risks for impending risk responseplanning (Project Management Institute, 2009). The identification of projectrisks is an integrative system that should incorporate the entire project teamand appropriate project stakeholders in order to familiarize them with thedifferent types of risks the project will likely encounter and to develop andsustain a sense of ownership among the group for the risks and for theassociated response actions incorporated to address those risks. Project riskidentification should include an evaluation of both internal and externalfactors, such as organizational culture, environmental implications, and theproject management plan, including the project scope, quality, cost, schedule,and etc.
(Associative Learning, n.d.). Project constituents should also payclose attention to the project deliverables, constraints, assumptions, resourceplan, cost/effort estimates, work breakdown structure, and other centralaspects of the project. Due to the large scale implications of this project,the various team members and stakeholders involved in identifying theindividual risks associated with this project are broken-down departmentally.The offices that will participate in project risk identification are the Officeof the Under Secretary of Defense Acquisition, Technology and Logistics(USD-AT&L), the Office of the Deputy Assistant Secretary of Defense for SystemsEngineering (DASD-SE), the Component Acquisition Executives (CAEs), the ProgramExecutive Officers (PEOs), and the Defense Acquisition University (DAU). Eachgiven department will examine appropriate case studies, review current riskmanagement curricula and recommend updates, pilot technical risk peer reviews,and provide independent feedback prior to the establishment of major milestonesor decision points.