GPT-4oAdvanced
Advanced Project Risk Probability-Impact Matrix
Use Case: Prioritizing project risks objectively to focus management effort where it's most needed.
Act as a Risk Consultant. Create a 5x5 Probability-Impact Matrix for [Project Type]. 1. Define the 'Criteria' for each level of Probability (1-5) and Impact (1-5, e.g., Cost, Time, Quality). 2. Assign a 'Risk Rating' (Low, Medium, High, Extreme) to each cell in the grid. 3. Categorize the 10 risks I provided: [Risk List] into the matrix. 4. Suggest the appropriate 'Management Action' for each risk level (e.g., High risks must be escalated to the sponsor).
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