Please read before requesting to assist (Project Package)
rcwilliams3
risk_management_plan.xlsxProject Priority Matrix
| Constrain | Enhance | Accept | |
| Scope | Yes | ||
| Time | Yes | ||
| Budget | Yes |
Risk Scoring Template
| Defined Conditions for Risk Management Analysis | |||||
| Project Objective | Relative or Numerical Scales | ||||
| Very Low - 1 | Low - 2 | Moderate - 3 | High - 4 | Very High - 5 | |
| Cost | Insignificant Cost Increase | < 3% Cost Increase | 3-5% Cost Increase | 5-7% Cost Increase | > 7% Cost Increase |
| Time | Insignificant Schedule Slippage | Schedule Slippage <5% | Overall Project Slippage 5-10% | Overall Project Slippage 10-20% | Overall Project Slippage >20% |
| Scope | Scope Decrease Barely Noticable | Minor Areas of Scope Affected | Major Areas of Scope Affected | Scope Reduction affecting business plan | Coffee Shop is unviable |
| Quality | Quality Degradation Barely Noticable | Some customer compliants | Cust dissatifaction increases | daily sales reducing | Poor sales.. Business unviable |
Risk Mgmt Analysis Template
| Risk Management Analysis TEMPLATE | |||||||
| RISK EVALUATION | |||||||
| Risk | Probability | Cost | Schedule | Scope | Quality | Risk Score | |
| 1 | Delay in Municpal License | 70% | 4 | 4 | 1 | 1 | 7.0 |
| 2 | Delay in signing of Lease deed for property for Coffee Shop | 50% | 4 | 4 | 1 | 1 | 5.0 |
| 3 | Delay in finalising Eqpt vendor | 30% | 3 | 4 | 2 | 2 | 3.3 |
| 4 | Delay in finalsing Pastry supplier | 20% | 4 | 1 | 4 | 4 | 2.6 |
| 5 | Customer tastes for Pastry | 20% | 2 | 1 | 4 | 3 | 2.0 |
| 6 | WiFi Infra availability | 20% | 1 | 1 | 1 | 3 | 1.2 |
| 7 | Labor Unions | 10% | 4 | 2 | 1 | 3 | 1.0 |
| 8 | WiFi Expenses | 10% | 4 | 1 | 1 | 4 | 1.0 |
| 9 | Changes in Tax structure | 10% | 5 | 1 | 1 | 2 | 0.9 |
| 10 | Delay in getting addl Power sanction for 2 Coffee makers & Chiller for pastry | 5% | 3 | 5 | 1 | 2 | 0.6 |
Risk Response Template
| Risk Response Matrix | |||||
| Risk Event | Response* | Contingency Plan | Trigger | Person Responsible | |
| 1 | Delay in signing of Lease deed for property for Coffee Shop | Reduce | Redo Lease with another landlord | Lease not signed by mmddyy | PM |
| 2 | Delay in finalising Eqpt vendor | Accept | Look for Temp License for Open air café | License not rxd by mmddyy | PM |
| 3 | Delay in finalsing Pastry supplier | Transfer | Evaluate another vendor | Vendor not finalised by mmddyy | PM |
| 4 | Customer tastes for Pastry | Transfer | Evaluate another vendor | Vendor not finalised by mmddyy | PM |
| 5 | WiFi Infra availability | Reduce | Negotiate with Union | Stop work | PM |
| 6 | Labor Unions | Transfer | Evaluate another vendor | Vendor not finalised by mmddyy | PM |
| 7 | WiFi Expenses | Accept | Operate only 1 Coffe Maker & Chiller | Sanction not rxd by mmddyy | PM |
| 8 | Changes in Tax structure | Transfer | Educate customer on taxes & hence price increase | Budgetary provisions | PM |
| 9 | Delay in getting addl Power sanction for 2 Coffee makers & Chiller for pastry | Transfer | Look for more choices | Cust feedback on pastry flavours | PM |
| 10 | 0 | Reduce | WiFi Usage tied to Coffee Billing | High usage of wifi but less coffee sales | PM |
| * = Eliminate, Mitigate, Share, Transfer, Accept | |||||
