Risk: IT Personnel are not trained to complete the information system development and changes to the existing information system.

Fill out a Probability Impact Matrix for each of the risks identified in the previous steps by identifying the risk impact level for cost, schedule, scope, and quality. Use the Risk Impact Chart below.

Project Objective	Very Low 0.05	Low 0.10	Moderate 0.20	High 0.40	Very High 0.80
Cost	Insignificant cost impact	< 10% cost impact	1020% cost impact	2040% cost impact	> 40% cost impact
Schedule	Insignificant schedule impact	< 5% schedule impact	510% schedule impact	1020% schedule impact	> 20% schedule impact
Scope	Barely noticeable	Minor areas impacted	Major areas impacted	Changes unacceptable to sponsor	Product becomes effectively useless
Quality	Barely noticeable	Only very demanding applications impacted	Sponsor must approve quality reduction	Quality reduction unacceptable to sponsor	Product becomes effectively useless

Risk #1 Probability Impact Matrix

Project Objective	Very Low 0.05	Low 0.10	Moderate 0.20	High 0.40	Very High 0.80
Cost
Schedule
Scope
Quality