Project Risk Assessment (PRA) is a review to identify risks (threats and opportunities) associated with the project.
PRA workshop is limited to project phase/services type (e.g. FEED / EPC) scope of work associated with the project.
The project risk matrix, associated consequence and category tables are to be used for the workshop.
A Risk Register will be developed as an output of PRA workshop. Further, the risk treatment plans will be developed separately that will be incorporated into the final master project risk register.