50
Risk Item
Cost Of Occurrence
Probability
Of
Occurrence
Cost of risk
Acceptance
Mitigation
Action
Cost of
Mitigation
Probability
After
Mitigation
Total Cost
Lost of key
resource
1month delay in
overall
development=20days
x 30staff x ($640per
staff day)=$384,000
20%
$384,000 x
20%=$76,800
Train backup
in this area
10days x
2staff =
12,800
0%
$21,800
Required
hardware
delivered
late
1 week delay in
overall
development=$96,000
30%
$96,000 x
30%=$28,800
Place
delivery
penalty in
subcontract
None
5%
$4,800
Contractual
throughput
measure
not
achieved
Penalty clause in
contract
invoked=$500,000
25%
$125,000
Instrument
code for
early
measurement
and
correction
$20,000
5%
$20,000+($500,
000 x
5%)=$45,000
Total
$230,600
$32,800
$62,600
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