Enterprise Project Management

MSPM1-GC4000

Edward Kleinert

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Risk Description Impact Type Probability

Rating Impact Rating

Priority

Rating Owner

Business 1 – None 1 – None Accept

Scope 2 – Low 2 – Little Avoid

Technical 3 – Medium 3 – Moderate Mitigate (P)

Schedule 4 – High 4 – Heavy Mitigate (I)

Resources 5 – Certain 5 – Devastate Transfer

Cost

1

2

3

4

5

6

7

8

9

10

Principles of Project Management

MSPM1-GC1000

Edward Kleinert

Risk Management: Probability (P) and Impact (I) Risk Matrix

Risk Response

Probability x

Impact

Identify and Describe Risk

Response

1

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