Program Risk Assessment Report

Many types of risk are created – risk to the project, to the organization, to the employees involved and to the individuals supporting the change.

risks and determine the likelihood and consequence of that risk occurring during the project. The

Xander L. is a 17-year-old African American male and documented gang member. His prior juvenile adjudications include purse snatching, breaking and entering, and drug possession. His first juvenile adjudication occurred when he was 13 years old. He has served a year of custody in the juvenile correctional facility and has been placed on probation twice

6. The risk assessment team will conduct an inspection of the department/area being assessed for risk or observe the process being assessed for risk in action. The members of the risk assessment team will individually document their findings on the “ABC Proactive Risk Assessment Worksheet” (Attachment A). To determine the appropriate score for each identified risk, the reviewer will consider information obtained through a physical tour of the facility, review of annual incident

The probability of making the new program success is the expected outcomes and the standard deviation of the probability distribution for developing the new program is larger with few uncertainty, hence the greater risk. However, we take lower risk particularly exposed to uncertainty, so plan risk adverse selection and attempt to reduce that uncertainty by carefully evaluating the risks and expected returns of the projects. We documented the evaluation based on the risk appetite guidance. This way we can provide evidence that based on the information available at the time and concluded risk derived the decision using mean-variance

Risk #4: Lack of clarity - The lack of clear and concise goals and or confusion about the goal of the scope.

A program evaluation offers a way to determine if adjustments are needed to improve upon the project in order for it to remain successful. Furthermore, the project evaluation team will analyze and measure each component of the outcome, input, and process in order to clarify the program’s objectives and goals. Thus creating a framework of evaluation methods and questions in addition to setting up a timeline for the evaluation activities will assist in the evaluation (CDC, 2011; HRSA, n.d.; McGonigle & Mastrian, 2015). The goal of outcome measures is to describe the overall performance of the process; therefore, outcome measurement will determine the program cost-effectiveness, attribution, and efficiency (CDC, 2012; HRSA, n.d.; McGonigle & Mastrian, 2015). There will be additional evaluation concerning the input measures, which are the resources that were put into the process. Lastly, the appraisal of process measures will provide data regarding the performance each course of action involved in the implantation of the project (HRSA, n.d.). After a thorough evaluation of the project, recommendations and the dissemination of results will be prepared and

Assess the risk in terms of likelihood and impact (be sure to explain your assessments). High risk assessments should be given a weighting of 5, medium a weighting of 3

Good risk assessment requires an elaborate plan. A risk management plan is a project management type that helps ensure that an organization reaches desired goals in a given project (Gibson, 2010). Like every plan, caution should be taken to make sure that goals of the assessment are achievable given the best accommodation of time and cost. This calls for organization to have a risk scope. Risk scope simply identifies the boundaries of a given risk assessment. This is

After the risk assessment tool was used to evaluate the risk to the organization, an appraisal of all potential risks were identified, for the initial part of the project through brainstorming. The following are risks that have been identified initially for this project:

In conclusion, building a tiny home does come with some identified potential risk. I have determined which risks are a major threat to the project and those that could be overlooked. Keeping an open line of communication is one of the key factors in keeping the risk to a minimum. With a construction project of this size I do not foresee any MAJOR risk that could or would be detrimental to the project itself.

Prepare a qualitative and quantitative risk assessment of this scenario. For the quantitative component, use your best estimates of probability, asset costs, and cost of controls.

Risk 1: Schedule- At this time, it is unknown the amount of time it will take for the implementation of this new process. My initial analysis is that this will be the area of least concern due to program being housed within my organization and my organization owning the systems and processes that will be implemented. There should be little time spent on process or funding approvals. Once we know all of the modifications that need to be made and implemented we will have a better timeframe and schedule of events.

Assessing the identified risks after taking into account an evaluation of the entity 's programs and controls.

Advancing from level 2 to level 3 requires using a risk register. 'The Risk Register is a tool to assist Project Managers in identifying likely sources of risk and the impact they may have on achieving objective. ' (Government office from the North West,2008). The first step is a brainstorm session to identify risk that may affect the project. It is important that the risks are clearly defined so that the risk is understood clearly and can be tackled. Secondly, consequence and probability of risks need to be rated (e.g. 1-5) and define each rating by their impact or likelihood. Finally, multiply the ratings of consequence and impact, rank the risks from highest severity to lowest severity. (Government office from the North West,2008). Every risks should be assigned to a risk owner which is responsible for managing the risk, a risk response to minimise both the likelihood and impact of the risk and a target completion date for the mitigation. Regular risk reviews need to be done because risks might emerge or become no longer relevant constantly. However, the impact