risk identification exercise - vacation to disneyland

Risk IdentificationA VACATION TO DISNEYLAND

Pravin Surkante✉[email protected] +91 8855965908📱

Sneha Deshmukh✉[email protected] +91 9403872834📱

Rahul Rathod ✉[email protected] +91 8605430161📱

Sachin Ghongade✉[email protected] +91 📱8087300261

Rahul Chavan ✉[email protected] +91 9423056558📱

Prashant Kolage✉[email protected] +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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Itinerary Pl

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Budg

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Visa

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Book

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16 May 2016

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Itinerary Pl

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Budg

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Visa

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Book

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3

RBS

3

RBS

MANAGERIAL FINANCIAL ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL

Passport/Visa delay/rejection

FINANCIAL ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL


Bookings


3

RBS

MANAGERIAL


Bookings

Documents lost


3

RBS

MANAGERIAL


Bookings

Documents lost

Missed flight


3

RBS

MANAGERIAL


Bookings

Documents lost

Missed flight

Luggage overweight


3

RBS

MANAGERIAL


Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

ENVIRONMENTAL INDIVIDUAL EXTERNAL EXTERNAL

3

RBS

MANAGERIAL


Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run


3

RBS

MANAGERIAL


Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money


3

RBS

MANAGERIAL


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


Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease


3

RBS

MANAGERIAL


Bookings

Documents lost

Missed flight

Luggage overweight

FINANCIAL

Forex

Budget over-run

Ran out of money

ENVIRONMENTAL

Natural Calamities

Contagious disease

Seasonal issues


3

RBS

MANAGERIAL


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


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


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


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


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


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


Traffic block

EXTERNAL

3

RBS

MANAGERIAL


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


Traffic block

Airplane/Airport distress

EXTERNAL

3

RBS

MANAGERIAL


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


Traffic block


Infrastructure Damage/Accident

at Disneyland

EXTERNAL

3

RBS

MANAGERIAL


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


Traffic block



at Disneyland

Road Accident

EXTERNAL

3

RBS

MANAGERIAL


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


Traffic block



at Disneyland

Road Accident

EXTERNAL

Flight Delay/Cancelled

3

RBS

MANAGERIAL


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


Traffic block



at Disneyland

Road Accident

EXTERNAL


Terrorist Attack

3

RBS

MANAGERIAL


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


Traffic block



at Disneyland

Road Accident

EXTERNAL


Terrorist Attack

War declared

3

RBS

MANAGERIAL


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


Traffic block



at Disneyland

Road Accident

EXTERNAL


Terrorist Attack

War declared

Theft

3

RBS

MANAGERIAL


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


Traffic block



at Disneyland

Road Accident

EXTERNAL


Terrorist Attack

War declared

Theft

Stampede

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


What is need of Risk Register?

6


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!

risk identification exercise - vacation to disneyland

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