What is the main goal of risk identification?

The main goal of risk identification is to identify and understand potential risks that could impact a project, organization, or individual. By identifying risks early on, stakeholders can develop strategies to mitigate or manage these risks effectively, ultimately reducing the likelihood of negative consequences and increasing the chances of project success. Identifying risks also allows for better decision-making and resource allocation, as well as improved communication and stakeholder engagement.

To identify potential risks that could negatively impact the project.