answers the following questions.
- What is the scope of the
- Will the event eliminate or
reduce waste as predicted?
- Are necessary resources for
the event available? Consider equipment needs, support from external
organizations, and the availability of team resources.
- Are there potential issues,
such as regulatory approvals, that are beyond local control?
as a team. Ensure that team members represent various functions of the process.
- The evaluation criteria are
divided into four categories.
- Scope of event
- Team leader
- Event closure and
- Each category contains
predefined risk factors. The process improvement leadership team can make
changes to the list of risk factors.
- The leadership team defines
and assigns a weight to each risk factor.
- Evaluate and rate the
impact of each risk factor on the event using the following values.
For example, an event without a clearly identified customer has a
risk factor rating of No, which translates to a score of 10 times the weight
for that risk factor.
- Yes = 1
- Probably = 3
- Maybe = 4
- Probably Not = 5
- No = 10
- Sum the ratings to obtain a
total risk assessment value that reflects the risk of not completing the event
in a timely manner.
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