risk identification exercise - vacation to disneyland

Risk IdentificationA VACATION TO DISNEYLAND

Pravin Surkante✉pravin0902@gmail.com +91 8855965908📱

Sneha Deshmukh✉deshmukhsneha04@gmail.com +91 9403872834📱

Rahul Rathod ✉rahulrathod9394@gmail.com +91 8605430161📱

Sachin Ghongade✉sachinprgh@gmail.com +91 📱8087300261

Rahul Chavan ✉rahulchavan12012@gmail.com +91 9423056558📱

Prashant Kolage✉pskolage@gmail.com +91📱 9028483345

Presented by:

Under Guidance of: Dr. Bishram SinghProject Management, VJTI, Mumbai 19th March 2016

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11 May 2016

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12 & 13 May 2016

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14& 15 May 2016

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16 May 2016

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RBS

3

RBS

MANAGERIAL FINANCIAL ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

FINANCIAL ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

FINANCIAL ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

FINANCIAL ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

FINANCIAL ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

Traffic block

EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

Traffic block

Airplane/Airport distress

EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

Traffic block

Airplane/Airport distress

Infrastructure Damage/Accident

at Disneyland

EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

Traffic block

Airplane/Airport distress

Infrastructure Damage/Accident

at Disneyland

Road Accident

EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

Traffic block

Airplane/Airport distress

Infrastructure Damage/Accident

at Disneyland

Road Accident

EXTERNAL

Flight Delay/Cancelled

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

Traffic block

Airplane/Airport distress

Infrastructure Damage/Accident

at Disneyland

Road Accident

EXTERNAL

Flight Delay/Cancelled

Terrorist Attack

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

Traffic block

Airplane/Airport distress

Infrastructure Damage/Accident

at Disneyland

Road Accident

EXTERNAL

Flight Delay/Cancelled

Terrorist Attack

War declared

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

Traffic block

Airplane/Airport distress

Infrastructure Damage/Accident

at Disneyland

Road Accident

EXTERNAL

Flight Delay/Cancelled

Terrorist Attack

War declared

Theft

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues

INDIVIDUAL

Family emergency

Medical emergency

Jailed abroad

Luggage Lost

EXTERNAL

Commutation Breakdown

Traffic block

Airplane/Airport distress

Infrastructure Damage/Accident

at Disneyland

Road Accident

EXTERNAL

Flight Delay/Cancelled

Terrorist Attack

War declared

Theft

Stampede

Failure Mode Effect Analysis

4

Failure Mode Effect Analysis

4

PROBABILITY AND IMPACT MATRIX

5

Low Medium High

High 2,10,13,16,17,30

11,14,24,26 12,19

Medium

7,28,,32,33 18,23,25 29,31

Low 1,6,22 3,8,27 4,5,9

Probability

Impa

ct

Risk RegisterWhat is Risk Register?

6

Risk RegisterWhat is Risk Register?

What is need of Risk Register?

6

Risk RegisterWhat is Risk Register?

What is need of Risk Register?

6

Sr. No RPN Risk Description Category Root Cause

1 27Delayed passport delivery

managerialmissing documents, signature issues, criminal history

2 27 Visa rejected managerialmissing documents, signature issues, criminal history, unfit character

3 4 Flight tickets unavailable Unavailable on particular datemanagerial Peak season, delaied booking

4 3Disneyland ticket unavailable

Unavailable on particular datemanagerial Peak season, delaied booking

5 3 Resort unavailable managerial Peak season, delaied booking

6 12Paris local transport booking unavailable

managerial Peak season, delaied booking

7 8 forex unavailable financiallengthy process, Bank holiday,strike

Risk Identification

Setup reviewWhat is Setup Review?

7

Setup reviewWhat is Setup Review?

7

Sr. No Event Time Frequency Remark1 Passport delivery 1 month 3 Received2 Visa confirmation 1 month 4 Confirmed3 Flight tickets 20 days 2 Confirmed4 Disneyland tickets 22 days 1 Confirmed5 Resort availability 22 days 2 Confirmed6 Forex availability 5 days 1 Available7 Airport distress Same day 1 Confirmed8 Flight delay same day 1 On time9 Flight cancel same day 1 Confirmed

10 Airplane distress during journey 1 Safe11 Natural calamities 5 days 3 No sign12 Infrastructure damage at disneyland 2 days 1 Okay13 Medical Emergency 5 days 2 No14 Ran out of money anytime Not specific Backup plan15 Weather update 4 days 4 Clear16 Outbreak of contagious diseases 2 days 1 Not harmful17 War situation 1day 1 No18 Theft cases 1day 1 Possible

Set-up Review

8

Thank You!