Trigger Event is a description of how you will know if the risk has occurred
Trigger Event is a description of how you will know if the risk has occurred or
is about to occur.
Identify a minimum of 10 project risks, when it will occur in the project life cycle, and determine the probability of the risk occurrence
- Risk Description “If this risk occurs, then what impact will it have on the project?” It should be written as an “If, then” statement
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? ATTACHMENT PREVIEW Download attachmentRisk Register WorkbookProject NameDibs CaFÉProjectNumber01HighProjectManagerKadiatou BaldePrioritizationHighOwner(s)D. Clavette, M. Ammner, D. Clavette, M.AvilesNOTE:Remove this note and all instructions in the template for a business professionaldocument.Statement ofWork—ProjectDescription andProject ProductRemember, risk is an uncertain event or condition that can have a positiveor negative impact on the project. This week, you will be identifying andanalyzing your project risks and developing a risk management plan tomonitor and track your project. You will evaluate each task in your projectschedule to identify any risk factors associated with the execution of thedeliverable. You will then add your list of risk to the risk register templatein Doc Sharing. The number of risks will depend on the projectdeliverables in your schedule; however, 20–25 positive and 20–25negative risks would be considered the minimum. Review the instructionson the first sheet of the template and complete your risk register in itsentirety.ProjectDeliverablesThe first sheet titled Risk Register, shows anumber of fields to use for gathering thefollowing information about risks.Risk ID is some unique value that identifies the risk.Risk Name is a short description of the risk.- Prepare the Risk Response Matrix for eachrisk-Risk, Response, Contingency,Trigger, Responsible Person–as presentedin the Larson/Gray text page 224, Figure7.8.ProjectObjectivesCreate a matrix similar to the one from the your text (Larson/Gray,Figure 7.5, page 217), making sure that it is consistent with yourpriority matrix.