Risk event
Probability
Impact
Risk score
Requirements Change
0.9
0.9
0.81
Software Bug
0.9
0.2
0.18
Core Team Member change
0.8
0.2
0.16
Supplier delay on delivery of development parts
0.9
0.7
0.63
Supplier delay on delivery of pilot run parts
0.6
0.1
0.06
Development test failure
0.6
0.2
0.12
Design review not approved
0.4
0.9
0.36
Resources removed to address issue on another project
0.4
0.5
0.20
Stage Gate meeting postponed
0.2
0.1
0.02
Qualification test failure
0.2
0.9
0.18
Rachel Azarian
Project Risk Management
November 16, 2022
Alexis Hernandez
Matthew Marrazzo
Tiffany Xu
Runal Baldota
Probability of risk was estimated based on the number of failures that have occured over the last 5 p
The most probable events are "Requirements change" and " Software bug". The least likely to occur
"Stage Gate meeting" and "Qualification test failure". Impact score were assesed on the amount of d
time each event could cause. Since there is 2 weeks of float built into the schedule, any delay less th
weeks had minimal impact. Delay times over 1 month trigger replanning thus have the highest impa
Suprisingly, half of all events were of high impact and only 1 event was of low impact.
