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Impact (HML)
Objective Risks
(3) (2) (1)
Buying mangoes for favorite uncle
Likelihood (RPP) Score
Rating
(3) (2) (1) (I x L)
0
0
0
0
Risk Response
Risk Rating Scale
Medium (2)
Low 2 Medium
Low 4 6
Low (1) 1 2 Medium 3
Likelihood
Guidance of Evaluating Acceptability of Risk
Explanation Rating
HEAT MAP
High (3)
Impact
Medium (2)
Low (1)
Likelihood
Score
Explanation Rating
(I x L)
Most Sellers overprice goods for tourist 6 High
Unriped or not yet due to be perished mangos can be picked. 3 Medium
Buyer not an expert 9 High
Many alternative 2 Low
Depending on priority 6 High
26
If we are going to plot on the heat map, majority of the risks on buying mangoes for your favorite uncle will fall on the red
One Risk Two Risks One Risk
Two RIsks
Remote (1) Possible (2) Probable (3)
Likelihood
Risk Response Control