Group Project Checklist

Have you confirmed the subject of your project?

• Yes

• No

Can you ensure you can meet the dateline at Week 07?

• Yes

• No

Task 1: Identify the risk, cause, and effect.

State your work progress in the task.

• 20% - Understand the meaning & definition

• 40% - Can explain the relationship of risk, cause and effect.

• 60% - Can identify risk, cause, and effect within the selected area.

• 80% - Can elaborate the conditions of the selected subject as a whole.

You are able to use the risk identification template given?

• Yes

• No

Task 2: Evaluate the potential risk of the industry/businesses.

• 20% - You can identify less than 2 potential risks

• 40% - You can identify more than 2, but less than 5 potential risks

• 60% - You can identify more than 5 potential risks in the selected area.

Task 3: Identify the level of frequency and severity of the risk.

• You are still in a way to understand the meaning of the terms.

• Most of your potential risks are plotted under low risks (low frequency, low severity)

• Most of your potential risks are plotted under medium risks (low frequency, high severity), or vice versa.

• Most of your potential risks are plotted under high risks (high frequency, high severity)

Task 4: Identify suitable risk management strategies that can be taken by management in managing the selected risk.

• You still cannot identify any suitable strategies.

• You can point out at least 2 suitable strategies.

• You can point out more than 2, but less than 5 suitable strategies.

• You can point out more than 5 suitable strategies.

Can you explain how the risk management strategies work in your selected subject conditions?

• Not Yet

• Can explain a little bit

• Can elaborate how the strategies will work.

All of your group members are working on this project.

• Agree

• Disagree

How do you rate your group progress as of today, WEEK 05?

• 30% - lack of progress. BE CAREFUL

• 50% - some in progress. SPEED UP

• 70% - almost there. KEEP GOING

• 90% - the progress is on track. GOOD JOB