Question
Create Risk Register for below. Risk Description : Identify the Risk associated with the Deliverable. Risks need to be known unknowns and not failure of
Create Risk Register for below.
Risk Description: Identify the Risk associated with the Deliverable. Risks need to be known unknowns and not failure of planning or management.
Impact Statement: This is a narrative of potential overall impact if the risk should occur. This statement should thoroughly justify scores provided in Impact and Probability columns.
Deliverable: This will be the associated Deliverable from your Project Scope/WBS. Identify one risk for each of your six (6) Deliverables.
Probability (Column P): This is a score of 1-5. A score of 1 would be if the probability of the risk occurring is very slight and a score of 5 is that it will almost definitely occur.
Impact (Column I): This is a score of 1-5. A score of 1 would be the impact would have little impact if the risk occurs and a score of 5 would be catastrophic impact if risk event occurs.
Score (Column X): This is the Probability multiplied by the Impact.
Risk Response Strategy: This should be a detailed explanation on how to respond to the risk event. This must include direct correlation to the scores assigned to Probability/Impact.
Project Title: Roseville, CA - replacing the existing old and narrow bridge on Walerga Road over Dry Creek.
Business Case: The construction of the new Walerga Road Bridge project in Placer County was to replace the old and narrow bridge. The old bridge was constructed in 1973 and has been in operation for over 20 years. With the increase in population and development of the region, there was the need for the County to construct a new bridge that meets the flooding safety standards. The new Walerga Road Bridge ensures its users are safe from floods and accidents. The project began in the spring of 2019 and was to end in the summer of 2021. The project will involve the construction of a new bridge, demolition of the old bridge, establishment of soil erosion controls, paving the way for the water and sewer lines, and diversion of the stream. The project was to cost about $842,000.
Risk Description | Impact Statement | Deliverable | P | I | X | Risk Response Strategy | |
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