I need 20 positve risks factors for charity using the below criteria The first s
ID: 441980 • Letter: I
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I need 20 positve risks factors for charity using the below criteria
The first sheet, titled Risk Register, shows a number of fields to use for gathering the following information about risks. Risk ID is some unique value that identifies the risk. Risk Name is a short description of the risk. Risk Description "If this risk occurs, then what impact will it have on the project?" It should be written as an "If, then" statement. Impact as rated on a very low, low, medium, high, and very high scale. Probability as rated on a very low, low, medium, high, and very high scale. Risk Ranking: Using the risk matrix found on the right on the Risk Register sheet, detemine the color code (risk ranking) for each risk. Positive/Negative: Is this risk a positive risk (an opportunity) or a negative risk? Proactive Response Plan is a detailed plan of what changes will be made to the project, project scope, and/or WBS proactively to try to make the risk happen (positive risk) or stop it if it is a negative risk. Trigger Event is a description of how you will know if the risk has occurred or is about to occur. Reactive Contingency Plan is the description of what you plan to do if the risk happens. How will you react to the risk once it occurred?Explanation / Answer
Risk Register to know the risk effecting items for charity.
Risk Description to understand the impact of project when risk occurs.
Risk identity refers to the serial number or reference number of an event occured.
Risk name is the named accordingly to category in which it belong to and to call specifically.
Type of risk -positive or negatives helps you to understand the benefits and adverse effect based on the risk type.
Level of Risk to know the severity of the risk
Risk Ranking to understand the risk item prirority.
Trigger event helps you to understand the consequences of risk occurance which would effect other processes.
Risk occurance rate to understand the frequency of occurance.
Colour coding of risk item and maintain the matrix to understand the risk item to be addressed first.
Proactive response plan defined as preventive action to avoid risk.
Project scope defines the areas of project which might be effected due to risk.
WBS-work breakdown structure helps you to understand the work flow.
Contingency Plan is to tackle the risk occured to resume at normal state.
Reactive Contingency Plan is to be prepared how react to risk when it occures.
Risk mitigation plan refer the plan how to avoid occurance of risk to the maximum extent.
A plan to encounter the risk might effect the project plan, project flow.
Project effects can be positive or negative in nature.
External consequences -effect of external parties may result in risk occurance.
Internal consequence- changes in internal process also might lead to risk.
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