What is risk breakdown structure?

Risk Breakdown Structure (RBS) is a hierarchical structure that organizes and categorizes project risks into categories and subcategories. It helps visualize all possible risks, facilitating their identification, analysis, and management.

RBS is usually built as a tree, where the top level consists of general risk categories (e.g., technical, organizational, external), and lower levels contain more specific risks within these categories. This approach allows structuring information and ensuring comprehensive coverage of all potential threats to the project.