Professional Documents
Culture Documents
Week10 - PBL4 Risk Management Template
Week10 - PBL4 Risk Management Template
1. Risk Assessment
Generate a list of possible risks through brainstorming. Include at least 10 potential risks.
Example of a risk assessment form used on an IS project involving the upgrade from Windows 7
to Windows 8. In addition to evaluating the severity and probability of risk events.
In example:
The likelihood rating scale: 1 (Least likely), 2 (Unlikely), 3 (Possible), 4 (Likely), 5 (Most
Likely)=
The Impact rating scale: 1 (No impact), 2 (Low), 3 (Moderate), 4 (High), 5 (Very High
Impact)
The detection rating scale: 1 (lots of time to react) to 5 (no warning).
9.
10.
2. Risk Response Matrix
Summarize how the project team plans to manage risks that have been identified. The first step is
to identify whether to mitigate, avoid, transfer, or retain each risk. The next step is to identify a
contingency plan (response) for each risk if that risk is triggered (occurs).
Example:
6.
7.
8.
9.
10.