Notes: Part I. Risk Identification Part II. Risk Analysis for Existing Controls Part III. Risk Response Name Project Risk Risk Description Impact Likelihood Total Risk Score What Controls (if any) are Control Residual Risk Control or Risk Control Residual Contingency Plan |Cost of contingency Owner Review Category (ignoring controls) 1-5 1-5 Low = 1 - 8 currently in place? Effectiveness Score Mitigation effectiveness Mitigated Risk plan Due Date (ignoring ignoring Med = 9 - 16 1-5 Low = 1 - 8 Strategy based on Low = 1 - 8 controls) controls) High = 17 - 25 Med - 9 - 16 mitigation High = 17 - 25 strategy High = 17 - 25 1-5 Weather Cost If schedule is delayed because of 5 25 5 25 3 13 Create flexibility in Install tents; do indoor $1000. / per week for tents delay bad weather then cost may work; update schedule for indoor / increase schedule (example) Bad weather activity training outdoor work; PM purchase tents for inclement weather; nondisclosure of true feelings Some companies would like to see prj fail Fear EPM system would shift power/author ity Fear of Bonus loss Fear of cultural change fear of change Gamma and Delta do not understand their roles Alpha wanting to micromanage