Risk Assessment Tool

1. Risk Assessment Tool Risk Assessment ToolRisk Event Description Expected Outcome Impact Probability Risk Mitigation Plan 1 Budget Cut for CRM Project CRM Project is put On-Hold HIGH HIGH Use Excel-Based Opportunity Pipeline to manage forecasting 2 Sales Fall Short of Forecasts Capital Projects Spending Delayed MED HIGH Complete process work to prepare for system implementation 3 Product Launch Delayed Not First to Market with Offering HIGH MED Document Product Roadmap and Feature Release Schedules 4 Project Manager Resigns Project Delivery Date Post-poned LOW MED Ensure Job Satisfaction, cross-train team, document project plans 5 Not Prepared for Dashboard Project Money lost on consulting services LOW LOW Conduct research to assess our readiness to launch dashboard 6 HIGH MED 7 HIGH MED 8 MED LOW 9 HIGH MED 10 MED MED 11 LOW MED