Question: Create a Risk Registry for the four (4) major risks identified in the Nicholas & Steyn textbook, Example 10.5: Managing Schedule and Cost Risk at
Create a Risk Registry for the four (4) major risks identified in the Nicholas & Steyn textbook, Example 10.5: Managing Schedule and Cost Risk at Vancouver Airport. Much information is given.
- Complete the Risk Registry table/matrix below using the format of the Risk Registry Example: Table 10.6.
For each of the 4 Risk Sources, complete the following (5 pts. for each risk):
- Indicate the Functional Area Impacted (ie. Site Operations, Procurement, Material Handling, OTS (Off-the-Shelf) Components/Technology)
- Estimate a Risk Impact value
- Estimate a Risk Likelihood value
- Calculate the Consequence Rating
- State the Effect on Project if Risk Source Materializes
- State the Action to Mitigate or Eliminate Risk
| Risk Source or Condition | Functional Area Impacted | Risk Impact (1-5) | Risk Likelihood (%) | Consequence Rating | Effect on Project if Materializes | Action to Mitigate or Eliminate Risk |
| Structural Steel Delivery & Erection Risk |
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| Material Handling Risk |
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| Environmental Risk |
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| Functionality Risk |
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