Risk Register Analysis

As a project manager you will be responsible for determining risk, minimizing risk and determining contingency
plans for risks. Developing a risk register will help you identify risk, determine the probability of the risk and
determine how to minimize and set up contingencies for the risks.
You are responsible for developing a risk register that will be used to evaluate risks in a bank. The bank has
discovered that the ATM teller is not providing the correct amounts on the customer’s register receipts at the
window. The amounts are off by 3-5 dollars on each transaction. Develop a list of Risk drivers and the
probability and impact this will have on customers. Determine how to minimize the risks and how you would set
up contingencies for the bank.
You will provide your analysis in a paper not including the cover page or references, paper.
Provide the following tables:
Risk Driver (Table 6.6 – Textbook)
Risks probability and impact derived from risk interviews (Table 6.7 – Textbook)
Risk Drivers and their assignments to project element costs (Table 6.8 – Textbook)
Discuss your contingency plan and your mitigation plan for minimizing the risks.
Your paper should include the following:
Analysis of the problem
Proposed interview questions and answers
3 tables as noted above
Contingency plan
Mitigation plan

Sample Solution