NOTE: No submission is required for PBL4 this week.

Your team needs to include the risk

assessment form and risk response matrix in your final project report.

1. Risk Assessment

a) Risk assessment Form

Generate a list of possible risks through brainstorming. Include at least 10 potential risks.

Example of a risk assessment form used on an IS project involving the upgrade from Windows 7
to Windows 8. In addition to evaluating the severity and probability of risk events.
In example:
 The likelihood rating scale: 1 (Least likely), 2 (Unlikely), 3 (Possible), 4 (Likely), 5 (Most
Likely)=
 The Impact rating scale: 1 (No impact), 2 (Low), 3 (Moderate), 4 (High), 5 (Very High
Impact)
 The detection rating scale: 1 (lots of time to react) to 5 (no warning).

ID. Risk Event Likelihood Impact Detection When

No Difficulty
1. Interface problems 4 4 4 Conversion
2. System freezing 2 5 5 Start-up
3. User backlash 4 3 3 Post-
installation
4. Hardware 1 5 5 Installation
malfunctioning
5.
6.
7.
8.

9.
10.
2. Risk Response Matrix

Summarize how the project team plans to manage risks that have been identified. The first step is
to identify whether to mitigate, avoid, transfer, or retain each risk. The next step is to identify a
contingency plan (response) for each risk if that risk is triggered (occurs).

Example:

ID. Risk Event Response Contingency Plan Trigger Who Is

No Responsbile
1. Interface Mitigate: Test Work around until Not solved within Nils
problems prototype help comes 24 hours
2. System freezing Mitigate: Test Reinstall OS Still frozen after Emmylou
prototype one hour
3. User backlash Mitigate: Prototype Increase staff support Call from top Eddie
demonstration management
4. Hardware Mitigate: Select Order replacement Equipment fails Jim
malfunctioning reliable vendor;
Transfer: Warranty
5.

6.

7.

8.

9.

10.