Project Risk Log Template

Witmont's Pharmacy Drone Project

Risk ID Priority WBS Responsible Perso Risk Description

The design of the system is not

approved by the customer
1 2 1.2.1. William Holt

The actual cost of the project

2 1 1.2.2. Luis Villegas exceeds the agreed cost

The customer is not satisfied

3 2 1.3.4 William Holt with the prototype

Wiiliam Holt, Luis Design is not completed in a

4 3 1.2.1. Villegas timely manner

Delay in materials arriving, or

5 2 1.3.1. Wiilliam Holt materials unavailable

Wiiliam Holt, Luis Develop system takes longer

6 2 1.3.3. Villegas than expected
Test find serious flight errors
7 2 1.2.1./1.4.1. Geral Hasper on drones

Project is delayed due to

8 2 1.5.1. Luis Villegas weather

Description

Impact Rating Scale Cost Schedule

5 Very High >$10,000 >4 weeks delay
4 High <$8,000 > 3 weeks delay
3 Moderate <$5,000 >1 week delay
3 Low <$3,000 <1 week delay
1 Very Low <$500 1 day delay

Likelihood Rating Scale Description

5 Nearly Certain >80% probability of occurring
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 occurring

Likelihood rating
Severity
1 2 3

1 1 2 3
Impact 2 2 4 6
Rating 3 3 6 9
4 4 8 12
5 5 10 15

low
high
moderate
 Dates Analysis

Likelihoo
Open Closed Impact Rating d Rating Severity

06.10.2020 5 3 15

06.10.2021 5 3 15

06.10.2022 5 2 10

06.10.2023 5 1 3

06.10.2024 5 3 15

06.10.2025 5 3 15

06.10.2026 5 1 5

06.10.2027 2 4 8

Description
Health, Safety
and the
Scope Quality Environment
>20% time increase System will not operate Injury or fatality
10-20% time increase System will not meet specs Major impact
5-10% time increase Performance is reduced Major Injury or impact
<5% time increase Some compensation is require Insignificant impact
insignificant increase May require correction no impact
ihood rating
4 5

4 5
8 10
12 15
16 20
20 25
 Impact

Prior to After
Mitigation Mitigation Mitigation Strategy Contingency Status

>4 weeks delay <1 weeks delay Double check desighn. Have
independent design review. $ 5,000.00
Make an Earned Value
>4 weeks delay <1 weeks delay Estimate. Request a budget
forward. Reduce unnecessary
expenses. $ 6,000.00

>4 weeks delay <1 weeks delay Double check desighn. Have
independent design review.

>1 weeks delay 1 day delay Add schedule contingency in

plan to allow design to be
complete. Add additional staff.
Use expedited shipping.
>2 weeks delay 1 day delay Confirm availability with
suppliers during design.
Madify design if required.

>4 weeks delay <1 weeks delay Add schedule contigency in

plan to allow develop system. $ 5,000.00
>4 weeks delay <1 weeks delay Double check design. Have
independent design review.

<1 weeks delay 1 day delay Add extra 2-3 days for
weather. Add cost for days off.