Assignment: This is an individual assignment; student collaboration is not acceptable. There

are many ways to approach risk management. Students must use the concepts and best

practices taught in MGMT$8370.$ The assignment includes a risk register template, RBS$,$ Heat

Map, and Impact Table. Students provide risk context $($background$)$ and the cost table. Instructions:

$1.$ Review the rubric.

$2.$ Use the template provided. Do not change the formatting or save it as a PDF$.$

$2\mathrm{.}1.$ There are $3$ sections in the template, complete all $3$ sections $($Risk Register, Project

Context, and Cost Table$).$

$3.$ Risk Register

$3\mathrm{.}1.$ Fill in all the fields in the risk register template.

$3\mathrm{.}2.$ Do not use risks created by your group. Create $1$ new risk threat and $1$ new risk

opportunity.

$3\mathrm{.}3.$ Complete the risk register using this assignment's RBS$,$ Heat Map, and Impact table.

$3\mathrm{.}4.$ All risks must include EMV Cost and EMV Duration and the detailed calculations $($costs

and duration$/$effort$)$ must be included. These values must be in your cost table.

$3\mathrm{.}5.$ Do not place EMV calculation details outside the risk register, they will not be graded.

$4.$ Project Context

$4\mathrm{.}1.$ Copy the project context created by your group for Assignments $1$ and $2($Charitable

Event$),$ group members are expected to have the same context.

$4\mathrm{.}2.$ Risk registers missing the project context will automatically lose $10\%.$

MGMT$8370$ ASSIGNMENT $3$

Risk Register

Conestoga College MGMT$8370$ Winter $2024$

$5.$ Cost Table

$5\mathrm{.}1.$ Begin with the cost table created for Practical Assignment $3.$ Individually make any

adjustments and improvements recommended by your faculty.

$5\mathrm{.}2.$ Add at least $2$ new costs and descriptions from what your group submitted. Group

members cannot have the same new costs. All costs incorporated into your risk

calculations must be included in this table.

$6.$ RBS

$6\mathrm{.}1.$ Use the RBS provided. If the RBS does not include a sub$-$category that fits your risk, add

it to your risk register with an explanation. Do not add new categories.

$6\mathrm{.}2.$ Potential bonus marks if the new sub$-$category aligns with the risk statement and

context.

$7.$ Double$-$check your calculations before submitting the assignment.

MGMT$8370$ HEAT MAP $$ CHARITABLE EVENT

Threats Opportunities

Probability

$91\%-99\%$

Very High

$-4-$

High

$-4-$

High

$-5-$

Very

High

$-5-$

Very

High

$-5-$

Very

High

$-5-$

Very

High

$-5-$

Very

High

$-5-$

Very

High

$-4-$

High

$-4-$

High

$91\%-99\%$

Very High

Probability

$76\%-90\%$

High

$-3-$

Med

$-4-$

High

$-4-$

High

$-5-$

Very

High

$-5-$

Very

High

$-5-$

Very

High

$-5-$

Very

High

$-4-$

High

$-4-$

High

$-3-$

Med

$76\%-90\%$

High

$26\%-75\%$

Medium

$-3-$

Med

$-3-$

Med

$-3-$

Med

$-4-$

High

$-4-$

High

$-4-$

High

$-4-$

High

$-3-$

Med

$-3-$

Med

$-3-$

Med

$26\%-75\%$

Medium

$6\%-25\%$

Low

$-1-$

Very

Low

$-2-$

Low

$-2-$

Low

$-3-$

Med

$-3-$

Med

$-3-$

Med

$-3-$

Med

$-2-$

Low

$-2-$

Low

$-1-$

Very

Low

$6\%-25\%$

Low

$1\%-5\%$

Very Low

$-1-$

Very

Low

$-1-$

Very

Low

$-1-$

Very

Low

$-2-$

Low

$-2-$

Low

$-2-$

Low

$-2-$

Low

$-1-$

Very

Low

$-1-$

Very

Low

$-1-$

Very

Low

$1\%-5\%$

Very Low

$-1-$

Very

Low

$-2-$

Low

$-3-$

Med

$-4-$

High

$-5-$

Very

High

$-5-$

Very

High

$-4$ ays$)$

$-1-$

Very Low $<$ $$2,000<1$

$-2-$

Low $$2,001-$ $$3,0001-2$

$-3-$

Moderate $$3,001-$ $$6,00034$

$-4-$

High $$6,001-$ $$7,0004-5$

$-5-$

Very High $>$ $$7,000>5$

Charitable Event

Technical Risks

Technology

Process

Management

Project Management

Reporting

External

Permits

Environmental

Internal

Employe or Volunteer

Procurement