we have to review the following risk register and to prepare a list of corrections which includes several discrepancies. find 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.

COMPANY Hisk Identification Hisk Response Ri Hick Hisk Category Probabil Qualitative Rating Impact Strategy Response Detail Hisk Owner NewYear's Ball is actually scheduled 3 weeks Keep ourrent on weather forcoast. Ensure that all expenses have appoplated refund policy for prior to NewYear's so to leave change to employee to celebrate with Family. Weather External 2.4 Mitigate weather. Plan for maile-up date and Event Manager communications plan if event needed to be can be a problem. cancelled at last minute due to snow storm. Have a list of taxi company numbers and other Alcohol is available for purchase for entire Security BOX 0.5 Mitigate services that can bring people home. Second event night as well as wine served with dinner option is to have a block of rooms reserved st Event Manager s legal hotel, Planning for this dinner starts early after return Invitation late being sent will cause low from summer vacation. In the past, we have Admin never had an issue with late invistions pausing Event Manager attendance an impact on attendance. We plan on continuing our planning in the same manner Prices are scoumulated over the course of the Lack of sponsors for prices Finance Mitigate year from vendors, To potentially compensate for low vendor contributions, a fund of $5 000 Event Manager has been set aside as contingency for prizes, Food allergies Food / Beverage 4 2 Noted on Invitations Event Manager Conflict with CEO's schedule makes it that Human Resources Avoid Ensure that CEO's calendar is updated as early the cannot attend as possible to avoid any conflicts. Event Manager Venue is having construction done around Work with the venue to ensure that If External 20%% 1.G Mitigate construction is going to have an impact that a Event Manager time of event second venue option is available for the event. Planning for entertainmnet should begin as Lead time to book evening entertainment early as possible after summer vacation to leaves little room to find a replacement if Entertainment Avoid eliminate the chance that entertainment option already booked somewhere else will not be available. If possible to further avoid. Event Manager try to book a year out relying on a good cancellation olsuse. We have insured in our review of all event New event planner has been hired for this planners during hiring that we were able to get year's event. We have not worked with this Human Resources Mitigate references and that the event planner chose Event Manager planner on such an event before. for this event had worked on events of this size before We are introducing a small fee for guests this gear as cost for the event is expected to be Empuring that we have s communications plan beyond the yearly allocated budget. This Finance Mitigate in place to explain the introduction of the fee Event Manager might impact attendance. perception and and what the fee is used for. Make It morale of employees. transparent and keep the tes to a minimum. Key Terms Risk Ranking: A priority list which is determined by the relative ranking of the risks [by their scores] within the project with the number one beh 31 6 9 Risk: The risk stated in a complete sentence which states the cause of the risk, the risk, and the effect that the Hisk Category: Categorization of risks by area of project affected, source of risk or other useful category. Impact Probability: The likelihood that a risk or opportunity will ooour (on a goals from 0 to 3 with 3 being the highest). 2 Impact, The impact of the risk on the project If the risk oggure [reale from 9 to 3 with 3 being the highest), Risk Score: Determined by multiplying probability and impact [sosle from 0 to 3). 2 Risk Response: The soon which is to be taken if this risk occurs. Trigger: Something which indicates that a risk is about to ocour or has already occured. LAW 3 Risk Owner: The person who the project manager assigns to watch for triggers, and manage the risk response if the risk occurs. Probability