Question

Based on this scenario, Your family is about to celebrate a holiday in the middle of January with a backyard barbeque and invite all family and friends. However, you only have a budget of $200. Assume 1 (as the Mom) have the decision making powers, develop a risk matrix and communications matrix. ?

Answer 1

Answer:

The risk matrix and communication matrix for the holliday celebration is as below

Risk Matrix
S	Risk	Risk Managing Action	Remarks
1	Budget is low -Difficult to manage whole day expense	We need to select the cheapoption for the organization for venue, food, decorations, arrangement etc.	Rough estimate
2	Difficult to cover all friends	We need to make list of close friends only	Max numbers
3	Difficult to cover all family members	We need to make list of close family members only	Max numbers
4	Unhappiness of friends/familiy	We need to keep events as per the interest of invitees
5	Non exciting celebration	Keep the exciting events so that all are happy with the holliday celebration

Communication Matrix
S	Activity	Resp	Target date	Remarks
1	Make the communication list	ABC	Wk-1 Dec
2	Confirm the plan of holliday celebration for communication to guests	PQR	Wk-1 Dec
3	Plan for invitation card printing for the holliday celebration	GHY	Wk-2 Dec
4	Plan for distribution of invitation cards to guests	TRK	Wk-2 Dec
5	Execute the distribution of invitatoon cards	LMN	Wk-3 Dec