Risk Short Risk Risk Risk Current Risk

Identified Identified Risk Description

Title Owner Category Status
on

10/1/19 Cost of C_B Component B is low yield at machining Eng A Cost Working

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 RISK REGISTER

Risk Triggers and Warning

Impact Probability Priority Risk Causes
Signs

Feature tolerance exceeded Prototype build #3 has

Medium High 2
machining process capability excessive alignment error
RISK REGISTER

Potential Effect on Project Risk Potential Risk Response Budget and Schedule
Objectives Treatment Strategies Activities Needed

Redesign mating parts to Redesign and rebuild

Product cost is above goal enable wider tolerances on mating parts is $100K and
component B 6 months
 Deadline Action Expected Result of
Action Taken Resolution Residual Risks
for Action Taken by Action
Date

New design concept in

End of Nov Eng A End of May TBD Higher cost of mating parts
review