Project X Risk Register

Positive Risk Response Options Exploit Share

Negative Risk Response Options Avoid Transfer
Alternate Response Options Contingency

Risk ID Description Risk Owner Risk Trigger

How you know the risk is

Name of person becoming an issue or has
who monitors the reached a point that
Description of the risk risk requires action.

If the expected work

There is a chance that the project
cost will exceed the amount that
the company has budged for the
EXAMPLE work.
remaining will cost more
than $9,000 over budget
we will need to seek
additional funding from
Joe Agileguy management.
Enhance Accept Risk
Mitigate Accept Issue
No longer active

Risk Category Probability (1-3) Impact (1-3) PI Score

Group sourced rough estimate

Group defines the types of Group sourced rough of how significant the impact of Probability
risks (technology, estimate of how likely this this risk will be if/when it multiplied by
financial, staffing, etc.) is to occur becomes an issue Impact

Financial 2 3 6
 Something which has not happened, but might
Something which has already happened
o longer active

Expected Result, No
Action Risk Response Type Response Trigger

What will happen if the risk Decision made by group How do you know it is
becomes an issue and no on how to respond to this time to put the response
action is taken risk (see above in blue) into play

We will not be able to

secure funding necessary
to complete the project.
Work may stop before When estimated cost for
MVP has been achieved. MVP is within 5K of
Product may never get to approved project total we
market and be deemed a will begin seeking
total failure. Mitigate additional funding.
 Response Owner Response Description
Who is responsible for
initiating the response What is the response
Meet with key stakeholders
to review finished product,
total spend to date, work
remaining and expected
total spend. Ask for
additional funding to
Jimmy Kanban complete work.
Expected Impact of Response
What do you expect will result from the
response
Given that our team has a mostly stable
velocity, a proven ability to meet
commitments and deliver value, we
expect the answer to be yes provided
the total amount requests is less than
$25K.