AAOM Handbook

Impact Analysis: Using the data gathered during the investigation and validation process complete the following table to re-evaluate the potential impact of dealing with the Issue.

Dimension

Low =1

Medium = 3

High = 9

Rating

Benefit to the business. Probability of delivering the benefit.

Less than $10,000 pa.

Less than $100,000 pa.

Greater than $100,000 pa. Greater than 80%.

Less than 40%.

Less than 80%.

Cost to implement controls.

Greater than $100,000.

Greater than $10,000.

Less than $10,000.

Time for benefit achievement.

Greater than 12 months.

Greater than 3 months.

Less than 3 months.

Difficult to commit.

Rearrangement of

Readily available.

Resourcing.

Priorities required.

Probability of sustain- ing the benefit.

Less than 40%.

Less than 80%.

Greater than 80%.

Overall Rating (sum of element ratings).

Consider the impact of dealing with this Issue in relation to the other process improvement priorities.

Recommendation:

No Further Action

Develop Control Action(s)

Recommendation Approved by: (Print name)

Signature:

Date:

/

/