Overview:
This artifact is a list of known and open risks to the project, sorted in order of importance and associated with specific mitigation or contingency actions.

Purpose:
To capture the perceived risks to the success of the project.

Main Description:

This list identifies, in decreasing order of priority, all the risks associated to a project. It serves as a focal point for project activities and is the basis around which iterations are organized.

Key Consideration:

This list should capture the critical and serious risks. If you find this list extending beyond 20, carefully consider whether they are really serious risks. Tracking more than 20 risks is an onerous task.