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Project Risk Assessment Summary 1

Project Risk Assessment Summary 2

Project Risk Assessment Summary

Brief Project Description

The project to be handled is that of project risk assessment. It is a vital process to think about before the start of any project. Thinking about the risks involved in a project helps in planning how a project can avoid or lessen the risks in general. Project risk assessment runs through the entire life cycle of a project. It will be reviewed on a regular basis either a monthly, annually or bi-annually basis.

Project Start Date:

Project End Date:

Key Faculty/Staff Involved

In the entire risk assessment project, I will be the project lead. Other people who will be involved in developing, implementing and evaluating the project are those who have vast knowledge and experience in the field of risk assessment.

Project Significance

The entire project is important because it identifies hazards, analyzes or evaluates the risks associated with the hazard and determines the appropriate ways that will lead to the elimination of the hazard. Ideally, it is one that looks at a workplace and identifies things, situations or processes that may cause harm, particularly to people. After identification then evaluation of the risk is done, and measures to prevent the risk from happening are undertaken. Therefore, the project is important because it creates awareness of hazards and risks, identifies individuals who may be at risk, determines whether existing control measures are adequate, prevents injuries or illnesses and prioritizes controls and hazard measures.

Determining Success of the Project

In determining if the risk assessment project is successful, I will identify the rate of risk reduction and elimination. Success will also be defined if the hazards will be totally eliminated and no harm will occur to people. Existing control measures will also be evaluated so as to make sure that they can prevent injuries or illnesses and a success for this will be if they are suitable enough to prevent the risk from occurring.