mod9ex Florida Family Trip - Risk Register Exercise - Protected ViewSaved to this PC- O O Search (Alt+0) Gaganpreet kaur. GK ca X File Home Insert Draw Design Layout References Mailings Review View Help Acrobat Comments Share AutoSave A PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit it's safer to stay in Protected View. Enable Editing Family Trip to Florida Risk Response Qualitative Rating Bisk Impact Score Severity 0.9 0.45 Probability 0.5 Risk a Family Family! Family 0.5 0.9 0.45 0.5 0.9 0.45 0.2 0.4 0.08 0.5 0.6 0.3 Risk Ranking Risk Strategy 1 Mitigate 2 Mitigate 3 3 Mitigate 4 4 Mitigate 5 Accept 6 Mitigate 7 Mitigate 8 Exploit 9 Avoid 10 Mitigate 11 Avoid 0.3 0.8 0.24 0.3 0.2 0.06 0.2 0.3 0.06 0.6 Exercise #9 - Risk Register Review Risk Identification Risk Description Risk Category Limit exceeds 10000 Cost 1 week limit exceeds 3000 Cost 2 week limit exceeds 7000 Cost Car not allowed to park at airport for 2 weeks Cost Non-refundable tickets Cost What if flight delayed Schedule What if full sized car not available Cost Luggage more than expected Cost Preferred hotel suite not available Cost Regular meals not available at 3 times Cost If still any family member gets sick Cost Schedule is changed Schedule Not allowed in theme parks for 10 days Schedule Family losses interest in theme park Schedule Gifts not available in S30 Cost Family friends still not happy Cost Lost cash Cost Lost cheques Cost Severe risks Cost Accident Cost Share rid to airport w/other family Opportunity Key Terms Family Family Family! Family Family Family Family Family Family 0.8 0.48 0.5 0.7 Risk Response Arrange Loan or borrow from friend Cut on expenses Cut on expenses Look for altermate parking lots Accept Check the history of operators and then book Look for altermate Pack only needed things Look for other hotels Search for eateries before going Arrange doctor and take precautions Plan B should be ready Look for other places with same expenses Look for other places with same expenses Look at other places Accept Accept Keep cheques at different places Use contingency Take insurance Cutting down costs while getting to the airport 0.35 0.27 0.3 0.9 0.1 0.4 0.04 12 0.2 0.2 0.04 13 Mitigate Passive Mitigation Mitigate Family 0.1 0.1 0.01 14 Family Family 0.4 0.5 0.2 15 Mitigate 0.8 0.1 0.08 16 Accept Family! 0.3 0.8 0.24 17 Accept Family 0.3 0.8 0.24 18 Family 0.5 0.9 0.45 19 Mitigate Contingent Transfer Family 0.2 0.9 0.18 20 Family 0.2 0.9 0.18 1 opp Share Family t Type here to search o Si W 16C Partly sunny ACO E ENG 10:29 AM 3/19/22