The Risk assessment meeting is an important part of any project. The risk assessment meeting should be a formal meeting conducted during the project’s planning process. First step is the project manager has to send a meeting invitation to all the attendees well ahead of time, so that they can review it and be prepared when it is time for the meeting. in real life, these people should be invited: project manager, project team, key stakeholders, subject matter experts, and project sponsors. Before the risk assessment meeting the project manager will have compiled a list of risks from previous projects. These will be reviewed at the beginning of the meeting as a way to not only identify some common risks but also as a catalyst to get the participants thinking about risks. Next, we should categorize the risks to identify duplicate risks and acts as to trigger for determining additional risks. The project manager then discusses the risks identified under each category with the participants. Now, we assign probability and impact to each risk. For the risks which have been identified with a high risk score, the participants will determine the triggers or causes and identify responses. After the meeting the project manager will combine all the risks and give the high scoring risks to the project management plan.