IBMrsk_def_a4

Risk definition template PROJECT / SUB-PROJECT PROJECT / SUB-PROJECT MANAGER PROJECT PHASE PROJECT ORGANIZATIONAL UNIT Risk identification Risk ID Short description Priority H/M/L Date raised Status Owner Revision number Risk description Risk factors Consequences Risk identification source Risk class Timeframe Frequency Estimated cost Raised by Analysis/Revision Date Probability Impact on Total Impact Exposure Links Cost Schedule Quality .......... Actions Occ.ID Summary of risk management plan Reassessment history Date Comments Status - Open / Closed / Assigned Frequency - For repeated risks which recur throughout the project Probability - 3 (High)/ 2 (Medium) / 1 (Low) Impact on - 3 (High)/ 2 (Medium) / 1 (Low) Total impact - Sum of Impact on Cost, Schedule, Quality Exposure - Total Impact x Probability Links actions - Reference the Risk response actions Links occ - Reference the Risk occurrence documents IBM Worldwide Project Management Method Wt360/3 Risk definition © Copyright IBM Corp. 1999, 2002. All rights reserved. Project name Page 1 of 2