Project Risk Assessment Spreadsheet

Document Sample
Project Risk Assessment Spreadsheet Powered By Docstoc
					  Risk Assessment
                                                                                     Instructions
   Column Name
                                                         Phase I. Identify and Prioritize Risk
                        Enter all potential risks to the project in this column. Refer to the Common Risks tab for examples of risks that are common among
Specific Risk Event     projects. This list is not exhaustive, however, and risks specific to your project should be added.
Impact                  Use the Grading Criteria tab to determine the impact of the risk on a scale of 1 (Negligible) to 5 (Very High).
Likelihood              Use the Grading Criteria tab to determine the likelihood of the risk on a scale of 1 (Extremely Unlikely) to 5 (Extremely Likely).
Total Risk Score        This column will be automatically calculated based on the indicated impact and likelihood.
                                                           Phase II. Identify Risk Response
                        This column is used to document the response to each risk, based on the total risk score from phase I. Identify if you will "avoid",
Risk Response           "accept", or "mitigate" the risk and how you will accomplish that action.
                        Use the Grading Criteria tab to determine the impact of the risk on a scale of 1 (Negligible) to 5 (Very High), assuming the risk
Impact                  response is implemented.
                        Use the Grading Criteria tab to determine the likelihood of the risk on a scale of 1 (Extremely Unlikely) to 5 (Extremely Likely),
Likelihood              assuming the risk response is implemented.
Total Risk Score        This column will be automatically calculated based on the indicated impact and likelihood.
Owner                   Enter the name of the person responsible for implementing the risk response.
Due Date                Enter the date the risk response should be implemented.
Status                  Enter the status of the risk response.




© Copyright 2011 Docstoc Inc.
                          Phase I. Identify and Prioritize Risk                                                                                        Phase II. Identify Risk Response
                                                                            Total Risk                                                                                             Total Risk
                                                                                                                                                       Impact       Likelihood
                                                                  Likeli-     Score                                                                                                  Score
                                                         Impact                                                                                          1-5             1-5
                 Specific Risk Event                               hood      Low = 1                         Risk Response                                                          Low = 1        Owner     Due Date               Status
                                                           1-5                                                                                      (if response    (if response
                                                                    1-5      Med = 2                                                                                                Med = 2
                                                                                                                                                   implemented)    implemented)
                                                                             High = 3                                                                                               High = 3
                                                                                         Risk will be mitigated by working with business users
Example: Business processes are not clearly defined or                                                                                                                                                                  Meeting is scheduled with the
                                                           3        4           2        to clarify and document the critical business processes        2               2              1        Jane Smith   5-Dec
documented.                                                                                                                                                                                                             business users.
                                                                                         prior to the start of the design phase.




      © Copyright 2013 Docstoc Inc.
                                                                                    Impact Scale
 Impact Score                  1                            2                                        3                                  4                              5
    Type                  Negligible                       Low                                  Moderate                              High                         Very High
                Minimal impact to project     Minor changes to                       Some requirements change or        New capability or skill set       Showstopper occurs or post-
                scope, resources, schedule or requirements, schedule,                there is a loss of a constrained   requirement identified,           implementation rollback
   Program /
                quality required for project  resources or quality                   resource, requiring re-work of     requiring significant scope       required
    Project
                success                                                              project plan, resources, or        change, budget increase or
                                                                                     budget                             schedule pushout
   Corporate    No external or internal issues Minor impact to image and             Relation with partners             Negative publicity with           Major media event with long-
    Image                                      reputation                            impacted                           impact to corporate brand         term fallout
                Negligible effect on           Work-arounds are in place             Moderate impact to 
				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:617
posted:1/4/2012
language:Unknown
pages:4
Description: This Risk Assessment Spreadsheet is designed to help managers identify and track the level of risk faced by a project. This form comes with instructions for how managers can identify and prioritize risks as well as identify risk responses. Managers should identify the threat level posed by the risk, the likelihood of the risk occurring, the potential impact of the risk, as well as risk response actions that can be taken.