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For the below event, create Risk Register- Event - YI PENG LANTERN FESTIVAL - November 8-9, 2022 Location - Fayetteville, North Carolina (population - 211,000)

For the below event, create Risk Register-

Event - YI PENG LANTERN FESTIVAL - November 8-9, 2022

Location - Fayetteville, North Carolina (population - 211,000)

RISK REGISTER

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. You will identify at least one of the Risk Responses from the textbook to utilize and explain the strategy for using this Response.

Risk Description Impact Statement Deliverable P I X Risk Response Strategy
1
2
3
4
5
6

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