Risk Analysis 1

You are to, as a team, perform a complete risk analysis of the project. Use the tables before as a template to transfer to your wiki.

Risk Management for Team XYZ

Risks Found

# Risk
1 First Risk
2 Second Rick

Risk Identification

For each of the risk found, classify each by type (some may be in more than one class)

Risk type Possible Risks

Risk analysis

Evaluate each risk

Risk ProbabilitySorted ascending Effects
Second Risk Low Serious
First Risk Moderate Tolerable

Risk management strategies

Decide how to manage each risk.

Risk Strategy
First Risk What to do to reduce or eliminate risk 1
Second Risk What to do to reduce or eliminate risk 2

Risk Reduction Assignments

Assign Team members to address risks

Specific Assignments of activities to address top risks

Risk Assigned Task Team Member(s) Hours Alloc % Done Finish Goal Date Done Current Status/Outcome
First Risk A specific activity to reduce risk Who will do it 2 50% 2014-02-27 2012-04-03 Noted on progress
Second Risk     5 100% 2014-02-28 2012-02-29  

Topic revision: r1 - 2014-02-19 - JimSkon
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