risk management

User Generated

naqvr2216

Computer Science

Description

Identity your project’s risks

Using the RMP template and after discussion with your supervisor, complete the left hand side of Part 2: Risk Register (i.e. the first five columns, ending in “Risk Consequences”. You should list at least 8 possible risks.

Details of fields in the RMP Risk Register:

  • Risk Ref. No: This is just a sequential number, used as a key for associating with the Risk Treatment Plan.
  • Category: Select Commercial, Finance, Security, Safety, or Legal/Regulatory from the drop down list. You may have more than one risk in a category.
  • Risk Description: e.g. “Older scanners may not work under Windows 12”.
  • Risk Cause: e.g. “Drivers may not exist for Windows 12”.
  • Risk Consequences: e.g. “Invoices cannot be scanned in”.


Upload your updated template to the Forum by Wednesday night.

Question 2

Analyse your project’s risks

Analyse the risks in your project; you may discuss these with your supervisor. Using the RMP template again, complete the right hand side of Part 2: Risk Register (i.e. Impact and Likelihood). Do not change the Rating column, it will be calculated for you automatically by the spreadsheet

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