"A Risk is an Unknown".
It is not an Issue.
The hardest thing is "To know what you don't know." meaning to be able to identify a risk. More on this in the Risk Management post coming soon.
When creating a new product or service, or when transforming an existing product or service, "a risk is an unknown in how to design, create, or implement the the product or service to meet the customer's requirements."
Also see my post "The Risk Management Process"
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