How do you classify risks?
How do you summarize risks at program or company level?
Practical sheet REF: FIC1465 V1
How do you classify risks?
How do you summarize risks at program or company level?

Author : Laurent VINCI

Publication date: April 10, 2015 | Lire en français

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1. How do you classify risks?

The impact scales used on projects are generally based on the following impact categories:

  • Costs ;

  • planning ;

  • performance ;

  • the image of the project or company;

  • social.

On this basis, more or less quantitative criteria are defined.

For example, a risk will be classified as level 3 out of 5 in terms of costs if its impact is between 10% and 20% of sales.

The overall risk impact corresponds to the maximum value of all impacts.

For many risks, this classification is perfectly relevant.

1.1 Example...

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