In the Planning Phase of the project a Risk Event is a Potential Problem that might materialize in the future and in the Executing, Monitoring and Controlling Phase a Problem or Issue is a Risk Event that has materialized.
Analyze and discuss “What are Known Knowns, Known Unkowns and Unkowns Unkowns? and how do they effect both the Planning Phase and the Executing, Monitoring and Controlling Phase?”
Feel free to “Segue” the the discussion into other related topics such as: Risk Events, Techniques for Identifying Risk Events such as: Expert Interviews, Brainstorming, Nominal Group Technique, Analogy and other Creative Thinking Techniques.
BOOK
Project Management in Practice
Jack R. Meredith; Scott M. Shafer; Samuel J. Mantel Jr.; …
Meredith – Chapter 7 – Monitoring and Controlling the Project
Dionisio – Planning Forms