Client Name - Risk Register

Probability Probability Interpretation Score 1 Rare (< 10%) 2 Unlikely (10%) 3 Moderate (30%) 4 Likely (50%) 5 Certain (100%) Impact Score 1 2 3 4 5 Impact Effect on NOI (qualitative) Minor Moderate Major Severe Catastrophic

SLA Table 5 4 3 2 1 1 2 3 4 5 High Medium Low

Mgmt Effectiveness Risk Score P * I / ME Mgmt Score 1 Description Very Weak Criteria Controls are absent; risk mitigation occurs only on a reactionary basis. Controls exist, but do not provide reasonable assurance that a risk will be detected consistently or timely. Controls are informal and insufficient to prevent or mitigate the risk. Controls provide assurance with a reasonable level of certainty that a risk will be detected or prevented, consistently and timely. Controls are formalized but highly manual and tested inconsistently. Controls provide assurance with a high level of certainty that a risk will be detected or prevented consistently and timely. Controls are formalized, partially automated and tested on a regular basis. Controls provide assurance with the highest level of certainty that a risk will be detected or prevented consistently and timely. Controls are highly formalized, automated and tested regularly.

Impact

Probability

Weak

Moderate

Strong

Very Strong

Measurment Scales 4/10/2012

Risk Strategy Criteria

Impact

Strategy Use of this technique involves making no changes to the project plan and creating no contingencies should the risk become reality. This is typically employed when the risk probability, impact, or both is very low.

Accept

Mitigate

This strategy involves developing a plan to reduce the risks probability, impact, or both to acceptable levels, should it occur.

Avoid Transfer

This strategy involves changing the project plans to eliminate the risk. Shift the impact of a risk to a third party. It does not eliminate the risk it simply shifts responsibility.

Measurment Scales 4/10/2012

Client Name - Risk Register

Risk ID 1 Date Status Risk Score Risk Description Impact Level 4.0 4.0 4.0 Prob Level 2.0 2.0 3.0 SLA Mgmt Effective 4.0 4.0 4.0 Risk Strategy Mitigate Mitigate Mitigate Owner

Risk Assessment 4/10/2012

Action Plan

Risk Assessment 4/10/2012

Client Name - Risk Register

Risk ID Date Status Risk Score Risk Description Impact Level Probability Level Mgmt Effective Risk Strategy Owner

Closed Risks 4/10/2012

Action Plan

Closed Risks 4/10/2012