WEEK 6

RISK REGISTER EXERCISE

You will complete a Risk Register for your on-going Business Case project. Provide your Business Case. You will then complete the Risk Register in the template provided on the next page. Format the document so it is legible and easily read. You can adjust the row height or column width to achieve this formatting. Do not allow a single row to be split between two pages. The information required in each of the columns is as follows:

Risk Description: Identify the Risk associated with the Deliverable. Risks need to be known unknowns and not failure of planning or management. Impact Statement: This is a narrative of potential overall impact if the risk should occur. This statement should thoroughly justify scores provided in Impact and Probability columns. Deliverable: This will be the associated Deliverable from your Project Scope/WBS. Identify one risk for each of your six (6) Deliverables. Probability (Column P): This is a score of 1-5. A score of 1 would be if the probability of the risk occurring is very slight and a score of 5 is that it will almost definitely occur. Impact (Column I): This is a score of 1-5. A score of 1 would be the impact would have little impact if the risk occurs and a score of 5 would be catastrophic impact if risk event occurs. Score (Column X): This is the Probability multiplied by the Impact. Risk Response Strategy: This should be a detailed explanation on how to respond to the risk event. This must include direct correlation to the scores assigned to Probability/Impact. You will identify at least one of the Risk Responses from the textbook to utilize and explain the strategy for using this Response.

Business Case: The project Peachtree Street Shared Space is to transform Peachtree Street from North Avenue to Marietta by making more public spaces for sidewalks giving priority to pedestrians in 5 years before 2026. The impacts on Peachtree Street Downtown can be seen in internally facing retail, a lack of neighborhood-focused amenities, minimal pedestrian activity outside of daytime working hours, and an unwelcoming public realm for Atlantans. This causes the need for transformation. The project in four segments will develop shared space for pedestrians, cyclists, and slow-moving vehicles, with pedestrian-only comfort zones on the edges. The budget for the project is $1,200,000.

This study source was downloaded by 100000775142067 from CourseHero.com on 02-08-2024 09:47:18 GMT -06:00

https://www.coursehero.com/file/186662048/Risk-Register-Template2docx/

RISK REGISTER EXERCISE

Risk Description Impact Statement Deliverable P I X Risk Response Strategy 1 The permit for food truck

locations and constructions was delayed or the permit was not obtained.

The goal of making public space will not be complete. The timeline will be delayed. The outdoor events cannot happen.

1. Retrofit surrounding streets as needed to transition smoothly into the shared space and manage traffic

2 4 8  Take help with the park and recs and transportation department to get all the right documents and fill them in correctly to get the permit.

 List all Prerequisites for getting a permit and fulfill them.

2 Bad Weather can delay construction and can have a negative impact on the schedule.

Construction of lane reduction and wider walking roads will be delayed. Potential longer Road blockage resulting in more traffic

2. Transportation

4 4 16  Be proactive in monitoring upcoming weather reports and plan site activities accordingly.

 Develop a plan to include these delays during the planning phase.

3 Unavailability of portable water stations and restrooms

It will negatively impact public engagement activities or any outdoor event.

3. Land use and Urban Design Policy

3 5 15  Contact multiple vendors and have multiple points of contact to ensure the availability of this equipment during the event.

 Check the weather and be proactive so the weather does not affect the late delivery pf the types of equipment.

4 Lack of participation in different activities

The project can fail if people do not participate or enjoy the public shared space

4. Equity and Inclusion

5 5 25  Plan different workshops that include different age groups, different professions, and different

This study source was downloaded by 100000775142067 from CourseHero.com on 02-08-2024 09:47:18 GMT -06:00

https://www.coursehero.com/file/186662048/Risk-Register-Template2docx/

RISK REGISTER EXERCISE

cultures. 5 Management needs are not

identified properly impacting scope creep.

The risks for extra costs for maintenance and maintaining space

5. Participation, Governance, stewardship, and Branding

2 2 4  Work with the State to define infrastructure requirements and ensure we

 are providing any necessary information

6 Delays in the procurement process may negatively impact the project schedules

The inability to acquire resources in a timely manner may negatively impact related activities such as setting up outdoor working facilities, local markets, and installing lighting.

6. Enliven the street

3 3 9  Plan delay of materials during the timeline of the project.

 Plan for the extra resources available to work overtime and help install in a timely manner.

 Reserve extra funds for the speedy delivery and overtime work.

This study source was downloaded by 100000775142067 from CourseHero.com on 02-08-2024 09:47:18 GMT -06:00

https://www.coursehero.com/file/186662048/Risk-Register-Template2docx/

Powered by TCPDF (www.tcpdf.org)

RISK REGISTER EXERCISE

You will complete a Risk Register for your on-going Business Case project. Provide your Business Case. You will then complete the Risk Register in the template provided on the next page. Format the document so it is legible and easily read. You can adjust the row height or column width to achieve this formatting. Do not allow a single row to be split between two pages. The information required in each of the columns is as follows:

Risk Description: Identify the Risk associated with the Deliverable. Risks need to be known unknowns and not failure of planning or management. Impact Statement: This is a narrative of potential overall impact if the risk should occur. This statement should thoroughly justify scores provided in Impact and Probability columns. Deliverable: This will be the associated Deliverable from your Project Scope/WBS. Identify one risk for each of your six (6) Deliverables. Probability (Column P): This is a score of 1-5. A score of 1 would be if the probability of the risk occurring is very slight and a score of 5 is that it will almost definitely occur. Impact (Column I): This is a score of 1-5. A score of 1 would be the impact would have little impact if the risk occurs and a score of 5 would be catastrophic impact if risk event occurs. Score (Column X): This is the Probability multiplied by the Impact. Risk Response Strategy: This should be a detailed explanation on how to respond to the risk event. This must include direct correlation to the scores assigned to Probability/Impact. You will identify at least one of the Risk Responses from the textbook to utilize and explain the strategy for using this Response.

Business Case: The project Peachtree Street Shared Space is to transform Peachtree Street from North Avenue to Marietta by making more public spaces for sidewalks giving priority to pedestrians in 5 years before 2026. The impacts on Peachtree Street Downtown can be seen in internally facing retail, a lack of neighborhood-focused amenities, minimal pedestrian activity outside of daytime working hours, and an unwelcoming public realm for Atlantans. This causes the need for transformation. The project in four segments will develop shared space for pedestrians, cyclists, and slow-moving vehicles, with pedestrian-only comfort zones on the edges. The budget for the project is $1,200,000.

This study source was downloaded by 100000775142067 from CourseHero.com on 02-08-2024 09:47:18 GMT -06:00

https://www.coursehero.com/file/186662048/Risk-Register-Template2docx/

RISK REGISTER EXERCISE

Risk Description Impact Statement Deliverable P I X Risk Response Strategy 1 The permit for food truck

locations and constructions was delayed or the permit was not obtained.

The goal of making public space will not be complete. The timeline will be delayed. The outdoor events cannot happen.

1. Retrofit surrounding streets as needed to transition smoothly into the shared space and manage traffic

2 4 8  Take help with the park and recs and transportation department to get all the right documents and fill them in correctly to get the permit.

 List all Prerequisites for getting a permit and fulfill them.

2 Bad Weather can delay construction and can have a negative impact on the schedule.

Construction of lane reduction and wider walking roads will be delayed. Potential longer Road blockage resulting in more traffic

2. Transportation

4 4 16  Be proactive in monitoring upcoming weather reports and plan site activities accordingly.

 Develop a plan to include these delays during the planning phase.

3 Unavailability of portable water stations and restrooms

It will negatively impact public engagement activities or any outdoor event.

3. Land use and Urban Design Policy

3 5 15  Contact multiple vendors and have multiple points of contact to ensure the availability of this equipment during the event.

 Check the weather and be proactive so the weather does not affect the late delivery pf the types of equipment.

4 Lack of participation in different activities

The project can fail if people do not participate or enjoy the public shared space

4. Equity and Inclusion

5 5 25  Plan different workshops that include different age groups, different professions, and different

This study source was downloaded by 100000775142067 from CourseHero.com on 02-08-2024 09:47:18 GMT -06:00

https://www.coursehero.com/file/186662048/Risk-Register-Template2docx/

RISK REGISTER EXERCISE

cultures. 5 Management needs are not

identified properly impacting scope creep.

The risks for extra costs for maintenance and maintaining space

5. Participation, Governance, stewardship, and Branding

2 2 4  Work with the State to define infrastructure requirements and ensure we

 are providing any necessary information

6 Delays in the procurement process may negatively impact the project schedules

The inability to acquire resources in a timely manner may negatively impact related activities such as setting up outdoor working facilities, local markets, and installing lighting.

6. Enliven the street

3 3 9  Plan delay of materials during the timeline of the project.

 Plan for the extra resources available to work overtime and help install in a timely manner.

 Reserve extra funds for the speedy delivery and overtime work.

This study source was downloaded by 100000775142067 from CourseHero.com on 02-08-2024 09:47:18 GMT -06:00

https://www.coursehero.com/file/186662048/Risk-Register-Template2docx/

Powered by TCPDF (www.tcpdf.org)