Wilmont's Pharmacy Drone Case: Project Risk Log

Revision N.: 1.0

Revision Date: 31-1-24 Dates Analysis Impact
Likelihood Prior to After
Risk ID Priority WBS Responsible Person Risk Description Open Closed Impact Rating Rating Severity Mitigation Mitigation Mitigation Strategy Contingency Status
Conduct preliminary
>4 weeks <2 weeks compatibility tests; plan for
Incompatibility of IT systems causing delays in integration. 1-May-24 5 4 20
delay delay middleware or custom solutions
1 1 1.3.2 Eileen Seymour if needed. $12,000

Inadequate performance of temperature-controlled >4 weeks <2 weeks

1-Jun-24 5 3 15 Invest in advanced R&D; identify
packaging. delay delay
2 1 1.5.3 William Holt backup suppliers or technologies. $15,000
Implement a robust training
program with practical
Ineffective training leading to operational errors. 1-Oct-24 4 3 12
simulations; schedule regular
3 1 1.6.2 Danny Curipoma follow-up training sessions.
Engage experienced negotiators;
Prolonged contract negotiations delaying project kickoff. 1-Mar-24 3 4 12 prepare flexible contract terms in
4 2 1.2.3 Katie O'Ryan advance.
Implement robust cybersecurity
Breach of sensitive data leading to legal and reputational
1-May-24 5 2 10 measures; conduct regular
damage.
5 2 1.4.2 Eileen Seymour security audits.
Allocate additional resources for
Delays in drone testing due to unforeseen technical issues 1-Aug-24 3 4 12 testing; develop contingency
6 2 1.5.6 Gerald Hasper plans.
Develop a detailed handover
Ineffective handover process causing operational plan; conduct joint reviews with
1-Nov-24 4 3 12
disruptions Wilmont’s team during the
7 3 1.7.3 Danny Curipoma handover phase.
Stay informed about local
regulations; engage with
1-Sep-24 4 2 8
Unforeseen regulatory challenges affecting the drone regulatory bodies early in the
8 3 1.6.5 Gerald Hasper prototype launch. process.

Description
Impact Rating Scale Cost Schedule Scope Quality
5 Very High >$12,000 >4 weeks delay Project failure
4 High <$10,000 >2 weeks delay System operates with defects
3 Moderate <$8,000 >1 weeks delay Requires active management
2 Low <$5,000 <1 week delay Minor adjustments are needed
1 Very Low <$2,000 <1 day delay May require correction

Likelihood Rating Scale Description

5 Nearly Certain >80% Probability of occurring
4 Likely 50-80% chance of occurring
3 Possible 21-49% chance of occurring
2 Unlikely 1-20% chance of occurring
1 Rare <1% chance of occurring