Find a list of corrections which includes several discrepancies. Please list at least 10 errors with an explanation as to why you believe the information is not correct. So that you know, there are at least 18 things that are not correct with this register. Please DO NOT concentrate on risk response strategies and their plans as most of them except for one are already pretty good. Look for obvious mistakes.
Exercise # 10 - Risk Register Review Name: / 20 points Company X has held a New Year's Employee Party for has long as the company has been in existence. This year has been a good year and we wanted to ensure that we get as many employees to the party as we can. It was decided to use one of the team members from the project office as our risk officer for this event. To keep on top of the risks for the event, the risk officer has performed risk identification already and using the provided risk register has completed as much of the register as he/she can at this point. Your job is to review the following risk register and to prepare a list of corrections which includes several discrepancies. Please list at least 10 errors with an explanation as to why you believe the information is not correct. So that you know, there are at least 18 things that are not correct with this register. Please DO NOT concentrate on risk response strategies and their plans as most of them except for one are already pretty good. Look for obvious mistakes. n. COMPANY Flick Identification Fisk Risk Category Probabil ualitative Plating Flick Response Impact shore Strategy Response Detail Fisk Owner prior to NewYear's so to lsays chanas to employee to celebrate with family. Weathe External 2. Mitigate weather. Plan for make-up date and Event Manager can be a problem. ded to be anoelled at last minute due to snow s Alcohol is available for purchase for entire Have a list of tad company numbers and other event night as well as wine served with dinner Security 50% 0.5 Mitigate Submit agood is to have a block of rooms reserved at Event Manager Planning for this dinner starts early after return Invitation late being sent will cause low never had an issue with iste insistions asusing your attendance Admin Accept an impact on attendance. We plan on Event Manager ontinuing our in the same manner. answers Prizes are sooumulated over the course of the Lack of sponsors for prizes Finance Mitigate or low vendor contributions,'s fund of 45 000 Event Manager and has been set aside as contingency For prizes. 5 Food allergies Food/ Beverage Accept Noted on invitations Event Manager Conflict with CEO's schedule makes it that Human Resources Avoid as possible to avoid any com ped as early Event Manager Venue is having construction done around time of event External 20% 0.6 Mitigate onstruction is going to have an impact that Event Manager soond venue option is available for the event. anning for entertainmnet should begin as Lead time to book evening entertainment Entertainment Avoid eliminate the change that entertainment option Event Manager somewhere else y to book a gear out relying on a good cancellation clause. We have insured in our review of all event New event planner has been hired for this 9 planner on such an event before. Human Resources Mitigate planners during hiring that we were able to get for this event had worked on events of this s Event Manager before. We are introducing a small fee for guests this Ensuring that we have a communications plan 10 might impact attendance. perception and Finance Mitigate and what the fee is used for. Make it Event Manager morale of employees. ransparent and keep the fee to a minimum. sk Ranking: A priority list which is determined by the relative ranking of the risks (by their soores] within the project with the number one bel isk: The risk stated in a complete sentence which states the cause of the risk, the risk, and the effect that the 3 6 9 Probabilit - The likelihood that s risk of opportunity will occur fon a s cour fon s goals from 0 to 3 with 3 being the highest) $ 23 5 6 impact of the risk on the project if the risk occurs (scale from 0 to 3 with 3 being the highest). nd impact (scale from 0 to 3). ner: The person w to watch for triggers, and manage the ri se if the risk occurs. explanations by the agreed deadline on the day of class in the appropriate DC Connect folder