Office Relocation Example Risk Matrix

This example risk matrix uses the Office Relocation project assumptions and Office Relocation work breakdown structure documents as input. This is not an
exhaustive list of all Office Relocation project risks and may not be applicable to your particular project. Rather, this matrix is intended to provide a framework for
identifying, prioritizing and managing risk.

Risk Description

Impact

Probability

Severity

Mitigation Strategy

Priority Scale 1-5 (5 = most severe, greater probability)

(A)

(B)

(A*B)


Technology:  Data and/or Voice circuits will not be available by (date).  Company will not be able to communicate. (Note A)

5

3

15

1. Contact wireless solution vendor as redundant provider.
2. Seek alternate fixed data / voice provider
3. Allow employees to work from home
4. Extend existing lease by 1 mo nth to provide additional circuit implementation time.

Operations:  Inadequate insurance.  Company may be underinsured.

4

1

4

1. Check coverage
2. Review policy

Construction:  Construction build not complete by (date) (Note B).  Company will not be able to relocate according to schedule.

5

3

15

1. Delay lease termination notice

Construction:  Construction deficiencies.  Office environment may be hazardous.

3

2

6

1. Construction warranty
2. Phased payments
3. Use known good contractor
4. Request inspection

Move:  Equipment breakage.  Core networking gear and/or peripherals would need to be replaced.

5

2

10

1. Adequate packing
2. Hire professional packing/moving company
3. Employees responsible for laptops
4. Ensure spare equipment available

Note A: Historically, vendor has had difficulty deploying high speed circuits to this part of town.
Note B: Project is currently 1 month ahead of schedule. However, project is complex, so some delays are expected.

For additional reference, review the Project Risk Register and Risk Impact and Probability Assessment documents.

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