4-1 Final Project Milestone Two: Risk and Budget

RISK CAPTURING TEMPLATE

	Demo - https://www.youtube.com/watch?v=Hw6cA665R5Q&feature=em-share_video_user
Task 3-2 Risk Register
RISK NO.	RISK DESCRIPTION (Event, Causes, Impacts)	COMMENT ON RISK (Trends, Background, etc.)	DATE RISK LAST ASSESSED- (MM/DD/YYYY)	CONSEQUENCE (SEVERITY) SCORE (1–5)	LIKELIHOOD SCORE (1–5)	NUMERIC RISK VALUE- (E X, F)	CHANGE IN RISK (Improving, No Change, Getting Worse)	RISK OWNER (Job Title)	RISK STRATEGY (Avoid, Reduce, Transfer, Do Nothing)
	Job Fit	The risk of the role not aligning with skills, interests, or career goals, leads towards job dissatisfaction and potential career setbacks.	23-May	2	4	8.00	Improving	Myself	Reduce- Would do research about corporation and would see if it aligns with my values.
	Organizational Culture	The risk of failing to fit into the company's culture, which could have an influence on my motivation, engagement, and overall job happiness.	23-May	4	3	12.00	No Change	Corporation	Do Nothing- I wont be able to do anything about it
	Job Security	The possibility of job insecurity, such as layoffs, restructuring, or downsizing, which could result in unemployment or career disruption.	23-May	3	5	15.00	Getting Worse	Corporation	Reduce- Would have to work on my skills so I have to offer more value to the corporaiton.
	Work-Life Balance	The possibility of a work-life imbalance, which can lead to burnout, stress, and a poor influence on general well-being.	23-May	3	2	6.00	No Change	Myself	Avoid- I would try to avoid wasting my time so I can maintain a balance.
	Career Development	The possibility of limited prospects for growth, advancement, and skill development within the organisation, which could stymie your long-term professional advancement.	23-May	1	5	5.00	Improving	Myself	Reduce- Would continuousely work on my skills.
	Leadership and Management	Poor leadership and management practises can result in unproductive decision-making, a lack of support, and a hostile work atmosphere.	23-May	5	4	20.00	Getting Worse	Myself	Do Nothing
	Financial Stability	the potential for adverse effects on job security and pay due to the company's experiencing financial difficulties, such as bankruptcy or financial instability.	23-May	4	1	4.00	Getting Worse	Corporation	Do Nothing
	Team Dynamics	the possibility of friction with coworkers or superiors, which might have an effect on efficiency, morale, and success on the job.	23-May	2	3	6.00	No Change	Myself	Do Nothing
	Ethical Concerns	The potential for facing ethical challenges or being asked to do things that go against one's ideals and values.	23-May	3	1	3.00	Improving	Corporation	Do Nothing
	Technological Advancements	The danger of accelerating technological change, which poses the need for ongoing skill development to maintain employability.	23-May	2	5	10.00	Improving	Corporation	Do Nothing