dimpy.handa
Dimpy Handa
The primary data needed to do risk management are the following:
ID: unique identifier for identification in other documents
description: what is the risk?
effect: what can happen if the risk becomes a liability?
precaution: what can prevent the risk from becoming a liability?
contigency: how to handle the liability?
risk status: status of the risk: new, ongoing, closed
risk escalation probability (P): what is the probability of the risk becoming a liability (rating from 0 to 1, for example)
schedule impact (S): what is the impact of the liability on the project schedule.
ID: unique identifier for identification in other documents
description: what is the risk?
effect: what can happen if the risk becomes a liability?
precaution: what can prevent the risk from becoming a liability?
contigency: how to handle the liability?
risk status: status of the risk: new, ongoing, closed
risk escalation probability (P): what is the probability of the risk becoming a liability (rating from 0 to 1, for example)
schedule impact (S): what is the impact of the liability on the project schedule.