Assignment Task:
Identify risks that may affect project outcome, document them in the project's Risk Register (Log). The Risk Register usually includes the following: • Unique identifier for each risk. • Description of each potential risk event and how it could affect the project. • Assessment of the likelihood of occurrence and the impact/seriousness if it does. • Grading of each risk according to a Risk Scoring Matrix. • Who is responsible for managing the risk? • Strategies proposed for dealing with the risk (preventative and contingency). • (In larger projects) A sizing for each risk response/mitigation strategy.