Benefits Shortfall - change doesn't achieve expected business benefits
Budget Risk - going over/under budget
Communication Risk - poor communication such as unstated assumptions
Compliance Risk - change creates a compliance issue
Cost Risk - unexpected costs
Deployment Risk - launch fails
Design Risk - the design is flawed
Health & Safety Risk
Operational Risk - disrupting your business with a change
Planning Risk - the plan fails
Process Risk - change creates a process failure
Requirements Risk - low quality change requirements
Resistance to Change
Stakeholder Risk - low stakeholder satisfaction with change
Detailed ExamplesChange risk includes risk to the change itself and risks that the change creates for an organization. The following are illustrative examples.
The budget risk that a renovation project will go overbudget.
The operational risk that a change to a billing system will disrupt a monthly billing process.
The communication risk that stakeholders will reject a change due to unmet unstated assumptions.
|Overview: Change Risk|
|Definition||The possibility of losses related to an initiative of change.|