Risk Management Matrix - High Probability, High Impact - FHWA-PL-06-032 - International

Risk Assessment and Allocation for Highway Construction Management

Figure 8: Risk identification classification

External Unpredictable	External Predictable	Internal Nontechnical	Technical	Legal
Regulatory Natural Hazards Postulated events	Market risks Operational Environmental impacts Social Inflation	Management Schedule Cost Cash flow	Changes in technology Performance Risk specific to technology Design	Licenses Contractual Third-party suit Force majeure

Figure 8. Risk identification classification (adapted from Project and Program Risk Management: A Guide to Managing Project Risks, Wideman 1992).

This page last modified on 11/15/07