Grant Brennan

OGL 421

Professor Rodgers

2/11/2022

Risk Analysis

Risks Source Category Risk Rating Index

Low Quality Product Inability to meet requirements ‘Requirements’ Risk 3.8

Expert Input Slowing Team members and how they ‘Communication’ Risk 2.5
Communication communicate

Underestimation of Inability to estimate how long ‘Resources and Team’ 2.8

Work different tasks will take Risk

Scope Creep Stakeholders and team ‘Scope’ Risk 5.3

members might want to continue
adding more features to the
website

Employees Leaving Personal employee lives might ‘Resources and Team’ 2.9
impact the number of
employees available Risk
Reflection:

I felt as though the Probability/Impact Risk Rating Matrix was a great way to quickly be

able to determine the degree of risk in a numerical value. This can be helpful for a

multitude of reasons, including allowing a project manager to be able to better

communicate their fears about a project risk. In my project, I felt as though the only

major risk was that of scope creep. Other risks like employees leaving would be high

impact, but low probability. I feel as though indexing these risks in this way made me

realize that scope creep was the most dangerous risk for the project due to the

combination of probability and impact.