Skip to main content - Skip to contact information

Consequence Matrix1

Consequence = impact or severity of the effect

Score

Impact

Descriptor

1

Insignificant

  • Negligible effects
  • Strategic View: Normal Difficulties
    • Stakeholder faith affected lasting less than 6 months
    • Isolated injury
    • Financial loss of less than $250K

2

Minor

  • Normal administrative difficulties
  • Strategic View: Delay will occur in fulfilling  objective
    • Stakeholder faith affected lasting longer than 6 months
    • Isolated injury
    • Financial less  than $1M

3

Significant

  • Delay in accomplishing program or project
    • Stakeholder faith affected lasting longer than 12 months
    • Multiple injury
    • System interruption 
    • Dispute that could affect term
    • Financial loss greater than $1M less than $2M

4

Major

  • Program or project redesign required, re-approval and or re-do required.
  • Strategic View: Integrated Plan timeline affected.
    • Stakeholder faith affected lasting longer than 18 months
    • Isolated loss of life
    • Major system loss at critical time
    • Dispute that could affect term
    • Financial loss greater than $2M less than $5M

5

Severe/ Catastrophic

  • Project or program irrevocable finished, objective not met.
  • Strategic View: Mandate or objective not met.
    • Stake holder faith affected lasting longer than 24 months
    • Multiple loss of life
    • Complete system crash
    • Dispute that could cause loss of full term
    • Inability to recruit students or staff
    • Financial  loss greater than $5M

 


 

1Risk Management Guide for Public Sector, Feb 21, 2011, page 14.