Pilot Project Use Only

RISK MANAGEMENT
Quantitative Risk Analysis Worksheet
Project Name:

Risk Rank & ID

Risk Statement & Category

#VALUE!
#VALUE!
4
5
7
2
1
2
6
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Unique ID # Alternative ID #

1
1

2a
23

Risk Statement

Municipality(ies):

Designer:

County(ies):

NJDOT Project Job No.:

Initial Register Date:

NJDOT UPC #:

Last Register Update:

Risk Analysis Matrix

Risk Category

Risk Rank

Project Manager:

Risk Response Strategy & Response Planning

Risk Impact

Quantitative Risk Impact

Initial Risk Owner

Risk May Occur In

Risk Probability

Schedule

Cost

Access
Access

Preliminary Engineering
Preliminary Engineering

2 - Low
2 - Low

1 - Very Low
2 - Low

4 - Moderate
2 - Low

1 - Very Low
2 - Low
2 - Low
2 - Low
1 - Very Low

1 - Very Low
2 - Low
2 - Low
7 - High
2 - Low

2 - Low
7 - High
10 - Very High
2 - Low
2 - Low

Schedule
Score

Cost
Score

Final
Score

#VALUE!
#VALUE!
2
4
1
4
4
14
2
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

#VALUE!
#VALUE!
8
4
2
14
20
4
2
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

#VALUE!
#VALUE!
10
8
3
18
24
18
4
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!

Schedule Impact
(Days)

Cost Impact
($)

Risk Response
Strategy

Risk Response Action Plan

20

2333

Mitigate Threat

ewewew

Impact Definitions
Very Low

Low

Moderate

High

Cost Impact of
Threat

Insignificant cost
increase

<5% cost increase

5-10% cost increase

10-20% cost increase

Cost Impact of
Opportunity

Insignificant cost
reduction

<1% cost decrease

1-3% cost decrease

3-5% cost decrease

Schedule Impact of
Threat

Insignificant slippage

<1 month slippage

1-3 months slippage

3-6 months slippage

Schedule Impact of
Opportunity

Insignificant
improvement

<1 month
improvement

1-2 months
improvement

2-3 months
improvement

19%

1019%

2039%

4059%

Rating -->

Probability

Risk Matrix

Probability Rating

5 - Very High

10

20

4 - High

16

3 - Moderate

12

2 - Low

1 - Very Low

Very Low

Low

Moderate

Impact Rating

Very High
>20% cost increase

>5% cost decrease

>6 months slippage

>3 months
improvement
6099%

35

50

28

40

21

30

14

20

10

10

High

Very High