Types of Risk Events
After the risk matrix has been defined, you can add risk events to the risk register.
Acumen Risk includes the following risk event types:
- A Threat is any event that may negatively impact the project. This risk can carry a probability of occurrence, the likely impact on schedule and/or cost.
- An Opportunity is any event that may positively impact the project. This risk can carry a probability of occurrence, a schedule impact and a cost impact.
- A Calendar Event is a discrete risk event that is tied to a certain period of time. This risk carries a time period (months of the year in which it could occur) as well as a probability of occurrence for each month. In addition, the minimum/most likely/ and maximum impacts can be included.
- A Risk Window is a time period that may cause a delay for the project. This risk carries a minimum/most likely/maximum time period of occurrence.
Parent Topic: Risk Register (Risk Events)
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