The next step is to conduct a more in-depth analysis and assess the degree of influence of the events selected in the previous step. For this, various risk management tools are used in the project, but most often a heat matrix is created. With its help, you can assess the level of influence of a particular threat on the work process.
To do this, draw a table with two axes: the Y axis is the probability of an event occurring, and the X axis is the degree of impact of the event. Then, the selected problems are entered into the cells of the table, they are assessed, and the cells are colored in accordance with their level of criticality.
Yellow cells indicate that the threat is moderately latvia whatsapp phone number dangerous, green means it is not dangerous, and orange and red colors indicate critical threats.
Let's look at the construction of the matrix using the example of creating a mobile application. Step by step, this process will look like this.
1. Assessing the probability and impact. To develop a heat matrix, each threat is assessed. The assessment can be done in percentage or qualitative terms: low, medium, high criticality.
Difficulties with the application interface. Probability: 70%, impact: significant.
Lack of developers and testers at the development stage. Probability: 30%, medium, impact: significant.
Data leaks or poor protection of user information. Probability: 60%, high, impact: significant.
2. Create a heat matrix. Once all threats have been assessed for probability and impact, they need to be plotted on a heat matrix. The Y axis will represent probability, and the X axis will represent impact.
Thermal Risk Matrix
3. Analysis and prioritization. Using color zones, we determine the priority risks in the project. The methods for managing them will need to be determined in the next step.