Before initiating a project, especially one involving new technology, it is crucial to identify potential risks.
This aligns with the PMBOK Guide's emphasis on risk management as a key project management process.
The process involves identifying, analyzing, and responding to project risks to increase the likelihood of project success. In the context of new technology, risks could include technical feasibility, integration with current systems, or potential cost overruns due to unforeseen technical issues.
: = The PMBOK Guide and the PMP Examination Content Outline provide guidance on the importance of risk identification in project management. The Professional in Business Analysis Reference Materials further supports this by emphasizing the need for thorough analysis and management of risks in business analysis practices.
Please note that while I strive to provide accurate information based on the available reference materials, it is always recommended to consult the latest editions of the PMBOK Guide and the Professional in Business Analysis Reference Materials for the most current and comprehensive guidance.