Risk Identification & Analysis, Based on this case, need to fill the Risk Register template attached in last screenshot. Thanks.

Assignment: The ability to identify and document concise risk statements is foundational to risk management. A clear statement in turn aids in performing quantitative and qualitative risk analysis. The risk management plan provides structure for the risk process and analysis. Students are provided an RBS, Heat Map and Priority Table to help with analysis (this would normally be in your Risk Management Plan. Instructions: 1. Review the case and supporting information 2. Students must use the template provided, do not alter it, do not save as a PDF 3. Using information from the case and best practices taught in class 3.1. Fill in the all the fields risk register template 3.2. Show your work for all calculations 3.3. Do not leave fields blank, if not applicable, indicate N/A 4. Check and correct spelling, grammar, and formatting before the assignment is submitted. Double check your calculations CASE: MEDICAL DEVICE IMPLEMENTATION A medical device company just won a contract to place their devices into the cancer clinic at a hospital. The hospital currently uses a competitors' device in the rest of the hospital. The win is significant, and it counts towards strategic sales targets for new business. The sales manager needs help from the Conestoga Post Grad students as the assigned project manager is not following best practices. The only source of documentation is meeting minutes and they are not being kept current. Your professor has added a high-level project budget, RBS, heat map, and impact scale to understand the project better. The Sales Manager is very concerned the project experience will decrease the customer's confidence in his company. Here is a summary of some of the main challenges Project Manager is not keeping the lines of communication open, minutes are distributed minutes before meeting start There is not a project management plan in place, or even a schedule Meeting attendance is sporadic Team members are not sure what is expected or what the target dates are The Sales Manager is not invited to meetings PROJECT INFORMATION (DRU COSTS ONLY) Budget: $478,330 Schedule: 48 Business Days Priority: Schedule, Customer Satisfaction Reserve: $80,000 Penalties: $20,000 Working Hours: Monday to Friday 35 hours per week (7 hours per day) COST SUMMARY & BASELINE Cost Type Volume Unit Type Devices Cost 150 Devices Prototype Cost 2 Devices Software Cost 2 Package DRU PM Work 40 Hourly Shipping Material 300 Kilo's Standard Rate DRU Educators Work 40 Hourly DRU IT Work 20 Hourly DRU Pharmacy Work 20 Hourly Blended Rate. Weekly DRU Administration Work 5 meeting cost Rate Budget $3,000.00 $450,000.00 $2,000.00 $4,000.00 $6,000.00 $12,000.00 $72.00 $2,880.00 $2.50 $750.00 $90.00 $3,600.00 $65.00 $1,300.00 $110.00 $2,200.00 $320.00 $1,600.00 $478,330.00 These reference materials are available to assist in creating and managing the risk register. RISK MANAGEMENT HEAT MAP Threats Opportunities Almost Certain 80-99% HIGH HIGH HIGH VERY HIGH VERY HIGH VERY HIGH VERY HIGH HIGH HIGH HIGH Almost Certain 80-99% Likely 60-79% MODERATE MODERATE HIGH HIGH VERY HIGH VERY HIGH HIGH HIGH MODERATE MODERATE Likely 60-79% Possible 40-59% LOW MODERATE MODERATE HIGH HIGH HIGH HIGH MODERATE MODERATE LOW Possible 40-59% PROBABILITY PROBABILITY Unlikely 20-39% LOW LOW MODERATE MODERATE MODERATE MODERATE MODERATE MODERATE LOW LOW Unlikely 20-39% Rare 1-19% VERY LOW LOW LOW LOW MODERATE MODERATE LOW LOW LOW VERY LOW Rare 1-19% Low Moderate High Very Low -1- Moderate High Very High Very High -5- -2- Low -2- Very Low -1- -3- IMPACT Reporting Customer Satisfacation Quality Technology Technical Risks Requirements RBS Device Implementation Project Management Management Communication Resources Contract Commercial Internal Procurement Suppliers and Vendors Relative Scale / Impact Impact Rating Cost Time (Days) Very Low 0-5% 0-1 -1- $0-$4,000 Low 5-10% 1-2 -2- $4,000 - $8,000 Moderate 10-15% 2-3 -3- $8,000 - $12,000 High 15-20% 3-4 -4- $12,000 - $16,000 Very High -5- > 20% > $16,000 5+ MEDICAL DEVICE IMPLEMENTATION - RISK REGISTER Risk ID Risk Probability Impact Risk Rating Risk Statement Type EMV Cost (show all work) EMV Dur (show all work) Risk Category 1 N 3 4