Risk impact probability analysis impact ppt powerpoint presentation pictures elements

Description:

The image features a PowerPoint slide titled "Risk Impact Probability Analysis," which is a matrix designed to evaluate the potential impact of risks across four categories: Cost, Time, Quality, and the overall impact on a project. Each category is analyzed across five levels of impact: Very Low, Low, Medium, High, and Very High, with corresponding mitigation strategies or outcomes.

For example, a 'Very Low' impact in Cost is manageable by exchange against internal budgets, while a 'Very High' impact in the same category threatens the viability of the project. Similarly, for Time, a 'Very Low' impact shows slight slippage against internal targets, whereas a 'Very High' impact indicates a delay that jeopardizes the viability of the project. In Quality, a 'Very Low' impact results in a slight reduction in scope with no overall impact, while a 'Very High' impact means the project outcomes are effectively unusable.

At the top of the slide, there is a note indicating that "Impact analysis is a tool that assesses the level of risk on the project/company. We have listed down the broad criteria and the risk impact associated with them. You can alter them as per your requirements.

Use Cases:

The slide is applicable across various industries for risk assessment and project management:

1. Construction:

Use: Evaluating financial and timeline risks in construction projects.

Presenter: Project Manager

Audience: Contractors, stakeholders

2. Healthcare:

Use: Assessing risks in patient care initiatives.

Presenter: Healthcare Administrator

Audience: Medical staff, hospital management

3. Finance:

Use: Analyzing investment risks and potential impacts.

Presenter: Financial Analyst

Audience: Investors, company executives

4. Information Technology:

Use: Project risk assessment in software development.

Presenter: IT Project Manager

Audience: Development team, clients

5. Education:

Use: Managing risks in educational program implementation.

Presenter: Education Administrator

Audience: Faculty, institutional board

6. Supply Chain Management:

Use: Assessing risks in supply chain operations.

Presenter: Supply Chain Analyst

Audience: Logistics team, partners

7. Energy Sector:

Use: Evaluating risks in energy projects and infrastructure.

Presenter: Energy Project Manager

Audience: Engineers, environmental analysts