Project Risk Log Template
Wilmont's Pharmacy Drone Project
Revision: 0; Date: 2 sep 2023
Risk ID Priority
1
2
3
4
5
6
7
8
9
2
2
2
1
3
1
2
1
2
WBS
1.1.3
1.2.1
1.3.1
Analysis
Responsible Person
Risk Description
Open
Katie O'Ryan
Contract with Wilmont's cannot be
finalized in time for scheduled start 02-Jul-20
of Project
Eileen Seymour
Design is not completed in a timely
manner
William Holt
Construction of Drones is not
completed in a timely manner
1.4.1, 1.4.2, 1.4.3 Eileen Seymour
Delay in DroneTech system
interface to Wilmont's system
1.4.2
Eileen Seymour
Customer data is not protected
during regsitration process
Sandeep Vasu
Cost estimate is incorrect. Fund
issues
Gerald Hasper
Drones fail to operate during
testing
1.2.2
1.6.1
1.6.4
1.3.2, 1.6.4
02-Jul-20
02-Jul-20
02-Jul-20
Impact Rating
5
4
4
5
Likelihood
Rating
2
3
3
3
Impact
Severity
12
Add schedule contingency in
plan
for design to be complete. Add
additional staff
$4,000
Add schedule contingency in
plan for construction to be
complete. Add additional staff
$4,000
Add schedule contingency in
plan for system interface to be
complete. Add additional staff
$8,000
12
15
2
4
02-Jul-20
5
3
15
02-Jul-20
5
1
5
02-Jul-20
4
4
16
Gerald Christ
Harsh weather affecting Drone
Operations
02-Jul-20
William Colt
Products delivery problem due to
improper packing system
Description
Contingency
Add schedule contingency in
plan for contract negotiations to
be complete.
2
2
Mitigation Strategy
10
02-Jul-20
4
Prior to
After
Mitigation Mitigation
8
> 4 Weeks
delay
<1 week
delay
Double check system integrity
during customer registration
> 4 Weeks
delay
<1 week
delay
Consider a cost contingency of
10% over budget
$25,000
> 2 Weeks
delay
<1 week
delay
Alternate delivery methods to
be developed and standby in
case of adverse weather
$10,000
Double check packing system.
Trial runs at DroneTech facility
before handover
Status
Impact Rating Scale
5 Very High
4 High
3 Moderate
2 Low
1 Very Low
Likelihood Rating Scale
5 Nearly Certain
4 Likely
3 Possible
2 Unlikely
1 Rare
Cost
Schedule
> $ 100,000
< $ 75,000
< $ 50,000
< $ 25,000
< $ 10,000
> 4 Weeks delay
> 2 Weeks delay
> 1 Week delay
< 1 Week delay
1-2 days delay
Description
> 80% probability of occuring
50-80% chance of occuring
21-49% chance of occuring
1-20% chance of occuring
< 1% chance of occuring
Scope
Quality
Drone not operating
Product damage
Drone performance affected
Compensation Required
Corrections required