Managing Risk Categories and Outcomes

 Risk Outcomes represent what will occur if a risk event takes place during the course of a project. When you assign risks to tasks or resources or enter global risks, you must select what will happen if the risk occurs. For example, if the risk “Change requirements” occurs it will be cause a delay in the associated task. In this case, “Task delay” is the outcome.
Risk outcomes are associated with Risk Categories. Among these categories are Schedule and Scope, Cost and Income, Safety, Performance, and others. Risk categories can be weighted and the relative impact of risks (both schedule and non-schedule) based on this weighting can be seen in the Risk Matrix. RiskyProject has two risk categories that directly affect the project schedule, and each of these categories has several possible outcomes. These outcomes directly affect the calculation of cost, duration, and other quantitative measures. These risk outcomes cannot be edited:

Category: Schedule and Scope
•  Relative Delay
•  Fixed Delay
•  Restart Task
•  End Task
• Cancel Task
• Cancel Task + all successors

 
Category: Cost and Income
•  Relative cost increase
•  Fixed cost increase
•  Relative income increase
•  Fixed income increase

See also

Risks in RiskyProject

Risk Register