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Matt Angwin

Digital Media Project Risk


Assessment
Doko inc. is a small multimedia design company, which specializes in multimedia
projects, web design, 3D modelling and creative designing. As a fairly new
company its of absolute importance that we analyse the potential risks involved
in order to avoid problems occurring as well as come up with a strategy plan in
order to deal with such problem if and when they occur.

E– Extreme H – High M – Moderate L – Low

Likelihood Consequences
Insignifican Minor Moderate Major
t

Almost H H E E
certain
Likely M H H E
Moderate L M H E
Unlikely L L M H
Rare L L M H

Rating Impact of a risk


1 Low Unlikely to happen and/or have minor or negligible
consequences
2 Medium Possible this could happen and/or have moderate
consequences
3 High Likely to happen and/or have high consequences
4 Extreme Very likely to happened and/or have extreme
consequences

Risk Group Human Resources


Risk Likeliho Impact Risk Score Action
od
Badly- Unlikely Low 1L Try my best to keep
designed everything in order
workplaces
Cultural Rare Moder 2M As it is very unlikely that
conflicts ate this will occur, I choose
to deal with this problem
when/if it arises
Inappropriate Unlikely High 3H I doubt very much that
skills mixes this will occur, but if it
does, I’ll just have to
1
Matt Angwin

deal with it when/if it


happens
Insufficient Modera Low 1L I am quite confident that
technical te I have the necessary
skills skills to complete this
project
Loss of key Unlikely Low 1L Since I am the only one
personnel working on this
assignment, I don’t
really have to worry
about this happening
Poor Modera Low 1L I am very certain that
industrial te my skills will service this
relations unlikely problem
Skills, Unlikely High 1 I am quite confident that
training I have the necessary
skills to complete this
project
Succession Likely Moder 2M As this is likely to
planning ate happen, its best to
follow the project plan
as best I can
Inexperience Unlikely Low 1L I am quite confident that
d personnel I have the necessary
skills to complete this
project
Planning and Likely Moder 2M As this is likely to
scheduling ate happen, its best to
conflicts follow the project plan
as best I can
Poor cash Rare Low 1L This is very unlikely to
flow occur, besides the point
that its not really a
factor in this project
Defective Unlikely Extrem 4E To avoid this, its vital
products e that I just test out the
prototype as much as
possible
Client service Unlikely Moder 2M I am very certain that
ate my skills will service this
unlikely problem
Computer Unlikely High 3H In order to avoid any
breakdown major conflicts when/if
this were to occur I will
have another computer
on standby
Contingency Likely Moder 3H As this is likely to
planning ate happen, its best to
follow the project plan
2
Matt Angwin

as best I can

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