Glossary of Risk Types
Agency Risk
Risks due to the fact that things you depend on have agency, and they have their own goals to pursue.
Communication Risk
Risk associated with getting messages heard and understood and the transfer of information.
Complexity Risk
Risks caused by the weight of complexity in the systems we create, and their resistance to change and comprehension.
Coordination Risk
Risks due to the fact that systems contain multiple agents, which need to work together.
Deadline Risk
The risk of creating a dependency around a point in time.
Feature Fit Risk
Risk that the needs of the client don't coincide with services provided by the supplier.
Funding Risk
A particular dependency-scarcity risk, due to lack of funding.
Implementation Risk
Risk that the functionality you are providing doesn't correctly implement the perceived solution you are trying to build for your clients.
Internal Model Risk
Risks due to the differences between reality and an internal model of reality, and the assumption that they are equivalent.
Legal Risk
Risks due to the legal context in which an operation is running.
Lock-In Risk
Risks due to the commitments we make around dependencies, and the limitations they place on our ability to change.
Market Risk
Risk that the value your clients place on the features you supply will change, over time.
Operational Risk
The risk of loss resulting from inadequate or failed internal processes, people and systems or from external events.
Process Risk
When you depend on a business process, human process or software process to give you something you need.
Reliability Risk
Risks of not getting benefit from a dependency due to it's reliability.
Reputational Risk
Reputational risk is the potential harm to reputation.
Schedule Risk
The aspect of dependency risk related to variance around the time taken to complete tasks on a schedule.
Security Risk
Risks due to hostile agents and events from inside or outside of the system.