Project Management project- part 5- Quantify, Qualify, and Evaluate Project Risks

Risk Matrix

Fill out the project risk assessment matrix (template linked below). Be sure to include the following information in the matrix:

• Identify and name at least three risks and name them (Risk name)
• Determine the expected costs for each named risk
• Determine the Risk Probability for each named risk
• Factored Risk Value (should automatically calculate using the provided template)
• Determine the Risk Impact to project (using drop down menu in the provided template)
• Provide the Risk Mitigation Plan
• Provide the Expected Risk retire date (when the risk is no longer a risk)

Risk Assessment Matrix (attached)