In: Operations Management
I am making a project on iphone 12. Could you fill this risk register.
Risk Register |
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Project |
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Project manager |
Version |
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Date created |
Updated |
ID |
Author |
Date Registered |
Risk Category |
Description and areas affected |
Probability (1-10) |
Impact (1-10) |
Score (PxI) |
Risk Response |
Risk Owner |
1 |
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2 |
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3 |
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4 |
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5 |
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6 |
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7 |
Risk Register |
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Project |
IPhone 12 Development project |
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Project manager |
Bob Danis |
Version |
1.0 |
Date created |
11/4/2020 |
Updated |
11/4/2020 |
ID |
Author |
Date Registered |
Risk Category |
Description and areas affected |
Probability (1-10) |
Impact (1-10) |
Score (PxI) |
Risk Response |
Risk Owner |
1 |
Investor |
11/04/2020 |
Technical |
Design proposal is not accepted by Investors |
8 |
6 |
8*6=48 |
Build alternative design solutions and collect expectation of investors |
Project Manager |
2 |
Sponsor |
11/04/2020 |
Technical |
Project scope and deliverables for development of Iphone 12 is not transparent |
7 |
5 |
7*5=35 |
Know about Technical data, priorities, build system transparency through Software development |
Project Manager |
3 |
Sponsor |
11/04/2020 |
Internal issues scheduling priorities |
Delays in getting approvals from various parties like experts, sponsor |
8 |
5 |
=8*5 =40 |
Develop schedule for approval works and engaged stakeholders for critical discussion |
Project Manager |
4 |
Sponsor |
11/04/2020 |
Internal issues scheduling priorities |
Project priorities are conflicting due to uncertainties of several phase of this project |
7 |
4 |
=7*4 =28 |
Priorities should be well defined through effective scheduling and extensive review required over time. |
Project Manager |
5 |
Sponsor |
11/04/2020 |
External suppliers issues |
Uncertainties with prototype testing, limited testing equipments as available |
8 |
7 |
=8*7 =56 |
Testing kit arrangement in time and testing requirement more interventions from research experts |
Research consultant |
6 |
Sponsor |
11/04/2020 |
Internal |
Underestimation of design and production budgets |
6 |
6 |
=6*6 =36 |
Budget should be reviewed over time and it should consider building scope of design and production |
Project Manager |
7 |
Sponsor |
11/04/2020 |
Internal |
Scope for training and development is limited |
5 |
5 |
=5*5=25 |
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Project Manager |