Project Risk Log Template

Wilmont's Pharmacy Drone Project

Revision: 0; Date: 02-July-2020 Dates Analysis Impact

Likelihood Prior to After

Risk ID Priority WBS Responsible Person Risk Description Open Closed Impact Rating Rating Severity Mitigation Mitigation Mitigation Strategy Contingency Status
Contract with Wilmont's cannot be Add schedule contingency in plan
finalized in time for scheduled start 02-Jul-20 5 2 10 for contract negotiations to be
1 2 1.1.3 Katie O'Ryan of Project complete.

02-Jul-20 4 3 12 Add schedule contingency in plan

Design is not completed in a timely for design to be complete. Add
2 2 1.2.1 Eileen Seymour manner additional staff $4,000

Add schedule contingency in plan

02-Jul-20 4 3 12
Construction of Drones is not for construction to be complete.
3 2 1.3.1 William Holt completed in a timely manner Add additional staff $4,000

02-Jul-20 5 3 15 Add schedule contingency in plan

Delay in DroneTech system > 4 Weeks <1 week for system interface to be
4 1 1.4.1, 1.4.2, 1.4.3 Eileen Seymour interface to Wilmont's system delay delay complete. Add additional staff $8,000

Customer data is not protected 02-Jul-20 2 2 4 Double check system integrity

5 3 1.4.2 Eileen Seymour during regsitration process during customer registration
Cost estimate is incorrect. Fund > 4 Weeks <1 week Consider a cost contingency of
02-Jul-20 5 3 15
6 1 1.2.2 Sandeep Vasu issues delay delay 10% over budget $25,000

Double check design. Flight

02-Jul-20 5 1 5
Drones fail to operate during Operations team to be involved
7 2 1.6.1 Gerald Hasper testing in design
Alternate delivery methods to be
Harsh weather affecting Drone 02-Jul-20 4 4 16 > 2 Weeks <1 week developed and standby in case of
8 1 1.6.4 Gerald Hasper Operations delay delay adverse weather $10,000
Double check packing system.
Products delivery problem due to 02-Jul-20 4 2 8 Trial runs at DroneTech facility
9 2 1.3.2, 1.6.4 William Holt improper packing system before handover

All change orders to be

Wilmont's not accepting change 02-Jul-20 2 3 6 documented and approved prior
10 3 1.7.1, 1.7.2 Sandeep Vasu orders/variations to implementation
Description
Health, Safety
Impact Rating Scale Cost Schedule Scope Quality and
Environment
5 Very High > $ 100,000 > 4 Weeks delay Drone not operating
4 High < $ 75,000 > 2 Weeks delay Product damage
3 Moderate < $ 50,000 > 1 Week delay Drone performance affected
2 Low < $ 25,000 < 1 Week delay Compensation Required
1 Very Low < $ 10,000 1-2 days delay Corrections required

Likelihood Rating Scale Description

5 Nearly Certain > 80% probability of occuring
4 Likely 50-80% chance of occuring
3 Possible 21-49% chance of occuring
2 Unlikely 1-20% chance of occuring
1 Rare < 1% chance of occuring