1. What does it mean to mitigate the risks of this event? 2. Explain 5 ways this storm will effect the outcomes of the contracts you hold with each vendor? (5 marks) 3. What are the first 5 risk management steps you would take? (5 marks) 4. Explain exactly what you would ask your contacts from each area, The CVB, Hotel Manager, App Provider Manager, Air Canada Contact, and Bus Line Contact. (10 marks) 5. What changes you consider making to the itinerary provided? (10 marks) 6. Do you consider cancelling the event? If you say yes, how would you go about cancelling it? If you cancel, explain your reasons why?. If you do not cancel, explain the reasons why? (5 marks) Now that you know the potential risks you are facing. Place them into your Risk chart and rate each of Look at the example of the chart provided to you under Content, Week 10: Risk Management Assessment Form. Complete both forms. 1 Risk Management. List Risks with ratings for each 2. Risk Control Plan.