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Presenting this set of slides with name - Risk Table Risk Analysis Simplified Format. This is a three stage process. The stages in this process are Risk Table, Risk Matrix.

Content of this Powerpoint Presentation

Description:

The image features a PowerPoint slide titled "Risk Table Risk Analysis – Simplified Format," which is a tool commonly used in project management to assess and prioritize potential risks. The table is divided into several columns:

1. Risk Items (Potential Future Problems Derived from Brainstorming): 

Lists identified potential risks.

2. Likelihood of Risk Item Occurring: 

A numerical score indicating how likely each risk is to occur.

3. Impact to Project if Risk Item Does Occur: 

A numerical score representing the potential impact on the project if the risk materializes.

4. Priority (Likelihood * Impact): 

A calculated score (product of likelihood and impact) that prioritizes the risks, with higher scores indicating higher priority.

A sticky note graphic contains additional information stating: "Below is the simple version of analyzing the risk level based on the mentioned parameters. You can alter these values & parameters as per your requirements."

The slide also states that it is "100% editable," allowing users to customize it according to their specific project needs.

Use Cases:

This risk analysis table can be effectively utilized in various industries for risk management and mitigation planning:

1. Information Technology:

Use: Assessing risks in software development projects.

Presenter: IT Project Manager

Audience: Development Team, Stakeholders

2. Construction:

Use: Prioritizing risks in construction planning.

Presenter: Construction Manager

Audience: Project Team, Investors

3. Healthcare:

Use: Managing risks in healthcare administration and patient care projects.

Presenter: Healthcare Project Manager

Audience: Hospital Administration, Medical Staff

4. Finance:

Use: Evaluating risks in financial product launches or system upgrades.

Presenter: Risk Compliance Officer

Audience: Financial Analysts, Management

5. Manufacturing:

Use: Identifying risks in manufacturing process changes.

Presenter: Operations Manager

Audience: Process Engineers, Quality Assurance Team

6. Event Planning:

Use: Planning for potential disruptions in large-scale events.

Presenter: Event Coordinator

Audience: Vendors, Security Personnel

7. Energy Sector:

Use: Analyzing risks in energy project deployments.

Presenter: Energy Analyst

Audience: Project Engineers, Environmental Regulators

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    by Michael Clark

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