Week 5 0710

gd1222
Week47010.xls

Sheet1

Project X Risk Register
Risk ID Description Risk Owner Risk Trigger Risk Category Probability (1-3) Impact (1-3) PI Score Expected Result, No Action Risk Response Type Response Trigger Response Owner Response Description Expected Impact of Response
Commercial Risks These are the most significant and severe risks in this project that can adversely affect the success of the project if not appropriately addressed. Erick Smith If the effeciency of work flow is nit run apppropriately as planned. Financial 3 3 3 It will affect the operations of the project thus no or few goals will be achieved Mitigate When the amount of running activities of the project rapid incresases Erick Smith Meet with project commettee Activities of the project will run as planned
Managerial risks Managerial risk factors in this project arise from management decisions that affect the flow of performing operations of this project. Ian Max If the management fails to achieve project goals and objectives Managerial 1 3 4 It will affect the operations of the project thus no or few goals will be achieved Mitigate When there is poor management in the facility Ian Max Meet with technical teams Proper coordination will be maintained when runnung activities of the prroject
Technical Risk Technical risk factors in this project arise from issues or activities associated with the scope definition, research design, research of information, and methods used to conduct the research study Erick Smith If the design and information used to run the project fail to achieve the intendednd goals. Technology 2 4 3 It will affect the operations of the project thus no or few goals will be achieved Mitigate When systems used to to run the activities of the project fails. Erick Smith Meet with technical teams Due to smooth running of activities, the goals the project will be achieve.