Risk Analysis – an example from Airbus
Airbus UK uses a very complete one-page form for risk analysis. They identify the risk owner and others who may be impacted by the risk. The trigger date is a data field stored in a data base. Reports are requested frequently showing identified risks that were to trigger at the time of the next team meeting.

For each task, a risk matrix is used to assess the following risks:

• Impact on meeting requirements/objectives
  
  
• Impact on cost
  
  
• Impact on schedule

For consistency, a legend is given at the bottom of the form to standardize the assessments regarding Impact and Likelihood of Occurrence for each factor of the triple constraint: meeting planned results/requirements, cost, and schedule.