The One-minute Risk Assessment Tool

Print it out, take it to the meeting, run it while you talk. Rating is on a scale of 0 (weak) to 10 (strong).

Project Characteristic Question
rating
x
weight
=
Fit between methodology and type of project  
x
3.0
=
 
Level of customer involvement  
x
1.9
=
 
Use of formal project management practices  
x
1.7
=
 
Similarity to previous projects  
x
1.5
=
 
Project simplicity (lack of complexity)  
x
1.1
=
 
Stability of project requirements  
x
0.8
=
 
Overall project risk score
         

 

Overall risk score
10 - 28
29 - 46
47 - 64
65 - 82
83 - 100
Project risk level
High
Moderately high
Medium
Moderately low
Low

 

Reference: Tiwana, A. & Keil, M. The one-minute risk assessment tool. (Internet) Retrieved 2006 Aug 9 from http://acmqueue.com/modules.php?name=Content&pa=showpage&pid=239