TABLE 1A: Identify at least 5 main risks. The table can be extended to add additional risks, but not more than 10. Number the risks and give each one a short identification name. Keys for probability ranking and for evaluating impacts are provided in the 4 small tables, hereinafter. TABLE 1B: Describe each of the identified risks concisely. Use additional space, if needed for clarity. Risks can be of different types, as exemplified in the explanation to TABLE 1B. Other types may be used by adding them to the explanations. Note: The Tables’ template can be found as a Word file, downloadable from BIRD’s website. RISK ANALYSIS TABLES 1A Impact Risk # Name Ranking Duration1 Budget2 Commercialization Potential3 1 2 3 4 5 TABLE 1B Risk # Description Type* 1 2 3 4 5 *Type: Technical (T), Project Management/Resources (M), External to the Project (E) Impact Duration1 Ranking Probability of Risk Occurring High Above 6 months High Above 50% Medium 3 to 6 months Medium 30 49% – Low 10 29% – Low Below 3 months Very Low 1 10% – Impact Commercialization Potential3 Impact Budget2 High Above 50% High 20% increase Medium 30% to 50% Medium 10% to 20% increase Low 1% to 29% Low Below 10% increase 1. Duration of project extended by the given amount 2. Cost of project increases by the given percentage Forecasted sales in the next 3 or 5 years reduced by the given percentage
TABLE 1A: Identify at least 5 main risks. The table can be extended to add additional risks, but not more than 10. Number the risks and give each one a short identification name. Keys for probability ranking and for evaluating impacts are provided in the 4 small tables, hereinafter. TABLE 1B: Describe each of the identified risks concisely. Use additional space, if needed for clarity. Risks can be of different types, as exemplified in the explanation to TABLE 1B. Other types may be used by adding them to the explanations. Note: The Tables’ template can be found as a Word file, downloadable from BIRD’s website. RISK ANALYSIS TABLES 1A Impact Risk # Name Ranking Duration1 Budget2 Commercialization Potential3 1 2 3 4 5 TABLE 1B Risk # Description Type* 1 2 3 4 5 *Type: Technical (T), Project Management/Resources (M), External to the Project (E) Ranking Probability of Risk Occurring High Above 50% Medium 30 – 49% Low 10 – 29% Very Low 1 – 10% Impact Duration1 High Above 6 months Medium 3 to 6 months Low Below 3 months Impact Budget2 High 20% increase Medium 10% to 20% increase Low Below 10% increase Impact Commercialization Potential3 High Above 50% Medium 30% to 50% Low 1% to 29% 1. Duration of project extended by the given amount 2. Cost of project increases by the given percentage Forecasted sales in the next 3 or 5 years reduced by the given percentage
TechnicalReporttoBIRDAug2014.docx