Risk Register
#1 Risk Register for the Recreation and Wellness Intranet Project # 11.5 No. | Rank | Risk | Description | Category | Root Cause | Triggers | Potential Responses | Risk Owner | Probability | Impact | Status | Risk Score | Response Strategy | R44 | 1 | Project Not Completed On time/New Customer | We have never done project for this organization and don’t know much about them. One of company’s strengths is building good customer relationships, which often leads to further projects with that customer. | People Risk | We won contract to work on a project we getting to know them | The PM and other senior mngt realize that this is a new customer and could easily misunderstand their needs or expectations. | Make sure the PM is sensitive to the fact that this is a new customer and takes the time to understand them. Have the PM set up the meeting to get to know the customer and clarify their expectations. Have PM attend meeting. | PM | Medium | High | Pm will set up the meeting within the week | 36 | | R21 | 2 | Poor Security | Now we have to open up our Intranet to the Consulting, Inc systems to allow better communication between project members and Consultants, Inc | Project Risk | Easier availability of data to Consultants personnel. | OpenFirewallsFor Intranetaccess | Potential Security IssuesWith Outside Access | NetworkTeam | med | high | Will monitor | 36 | | R30 | 3 | late delivery of information | Consultants, Inc late delivery of information | Project Risk | Transportation methods | Cost over-runs | Reason for late project deliverables/cost overruns | PM | med | high | Will monitor | 36 | | R43 | 4 | Users not being cooperative or participating | Users not being cooperative or participating | WBSRisk | Require Need feedback required | Reasons of risks | Formal risk identification sessions | PM | high | high | Will monitor | 81 | Reserve orFall Back plans | R67 | 5 | late delivery of user requirements |
References: Schwalbe, K. (2010). Information Technology Project Management 6e. Boston: Course Technology, Cengage Learning. http://www.bbkworldwide.com/newsroom/_articles/ACT_RiskResponse.pdf http://www.brighthubpm.com/risk-management/48016-responding-to-negative-risks-in-risk-management-strategies/ http://www.adeak.com/2010/03/what-are-risk-response-strategies/