In an agile project how should PM try to find risks upfront and if yes how? Usually in an agile process such as scrum we don't do an initial analysis as in waterfall model. How to identify project risk in agile process.

I disagree with the statement,that in SCRUM risk analysis is not done upfront

What about --

Risk analysis when a story is groomed & estimated during SPRINT plannnig --->

Considering & factoring in risks ( and considering mitigation - new stories ?? , "story is too big and risk -- break it down " , "no test to catch regression -- can not committ to this story unless regression tests are written " etc etc ) when story is groomed ?

Considering & factoring in risks when story points are being estimated ?

I do not think one is implementing SCRUM properly if formal risk analysis is not part of the SPRINT planning process ! I would be very nervous as a PM,if risks are not analysed,discussed and mitigations proposed before committing a story to the board