Risk Management Sheet

(1) Specifies risks when creating project plan.

(2) Each risk should be managed according to its priority.
Impact rank and Probability rank should be re-evaluated periodically during the project.
(3) Risks that become issues should be transcribe to "Issue Management " sheet and tracked until it is solved.
(4) When new risks occurr in the project, add it to the risk management sheet and manage it according to its priority.

Priority Rank Probability Impact

High 1 Has very high probability to Cannot promote the project activity if it is not
occur, may impact to the whole solved immediately
project
Medium 2 It may be occurred (50%) Cannot promote the project activity if it is not
solved

Low 3 Low probability to occur Need to solve it at last but it is possible to take
alternative solution for a while

Countermeasure Issue
Risk ID Risk Categories Risk Description and Impact to the project Issue Date Impact Probability Priority Status Risk Situation Mitigation Situation
Mitigation action PIC Due date No.
Technical High

High

High

High

High

High

High

High

High

High

High

High

High

Medium