| Rare 5 |
| Unlikely 4 |
| Possible 3 |
| Likely 2 |
| Almost Certain 1 |
| Low | Manage and monitor at the project manager level |
| Medium | Actively manage / monitor at the Sector Head and Project Steering Committee |
| High | Requires an appropriate treatment and response at the Project Steering Committee, and Executive Management and Risk Committee (EMRC) level with progress reporting to the Secretary General |
| LIKELIHOOD | Timeframe | Probability % |
|---|---|---|
| Rare (1) | The risk is expected to occur once in 5 years or more | < 20% |
| Unlikely (2) | The risk is expected to occur once in 4 years | > 20% and < 40% |
| Possible (3) | The risk is expected to occur once in 3 years | > 40% and < 60% |
| Likely (4) | The risk is expected to occur once in 2 years | > 60% and < 80% |
| Almost Certain (5) | The risk is expected to occur once or more per year | > 80% |
| IMPACT | Description |
|---|---|
| Negligible (1) | Little or no impact on achieving outcome objects |
| Minor (2) | Minor impact on achieving desired results to the extent that one or more stated outcome objectives will fall below goals but well above minimum acceptable levels |
| Moderate (3) | Moderate impact on achieving desired results to the extent that one or more stated outcome objectives will fall well below goals but above minimum acceptable levels |
| Major (4) | Significant impact on achieving desired results to the extent that one or more stated outcome objectives will fall below acceptable levels |
| Extreme (5) | Severe impact on achieving desired results to the extent that one or more of its critical outcome objectives will not be achieved |
5
