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skills in order to accomplish project100%)50)appropriate videos as needed. It adds extra work however it will reduce risk08Low team motivation/ commitment project is not top priority over other projects (job, teaching, etc.) High probability (80 % ≤ x ≤ 100%)High-9High – Catastrophic(Rating A – 100)AcceptIf risk occurs during scheduled task move schedule around to pushthis projects task ahead. Review incentives for completing this project in time to keep motivation up and running Sophia SultanaOpen09Decisiondelays impact project (decisioMedium-high probability (60 % ≤ x < 80%)Medium-5Medium – Critical (Rating B – 50)AcceptIf risk occurs accept riskand reschedule to make up lost time in order to be as close to schedule as possible Sophia SultanaOpen Revised to accommodate PMBOK® 4thedition3
Risk Matrixn turnaround time is in third party hands)10Failure to negotiate a reasonable price for contractsLow probability (0 % < x < 30%)Low-1Low – Marginal (Rating C – 10)AcceptIf risk occurs accept riskand share ownership with investorSophia SultanaOpenRevised to accommodate PMBOK® 4thedition4