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Manage risk-related issues and concerns within the program. Meet with relevant program stakeholders on two separate instances, and in each instance: Go over their program-risk

Manage risk-related issues and concerns within the program. Meet with relevant program stakeholders on two separate instances, and in each instance:

  • Go over their program-risk related issues and concerns.
  • Identify and manage differences in views and expectations among program stakeholders regarding these issues and concerns.
  • Work with the program stakeholders to come up with an action plan to address these issues and concerns.

Use the following information to proceed with the task:

ID

Date Identified

Risk Description

Risk Impacts

Likelihood of the Risk Occurring

Consequence if the Risk Occurs

Risk Rating

Risk Owner

1

26-08-2023

Limited Demand in the Chosen City

Slow Business Growth

Medium

Medium

Medium

Marketing Manager

2

26-08-2023

Delays in obtaining necessary permits

Project delays, Increased costs

Low

High

Medium

Project Manager

3

26-08-2023

Supply chain disruptions

Inconsistent Food Quality, Customer dissatisfaction

Low

High

Medium

Owner Manager/Head Chef

4

26-08-2023

Competitor opens nearby

Reduced market share, revenue impact

Low

Medium

Low

Owner Manager/General Manager

5

26-08-2023

Staff shortage and Training issues

Service quality decline, customer complaints

Medium

Medium

Medium

Owner Manager/General Manager

6

26-08-2023

Location Viability Concerns

Unexpected customer preferences, Revenue impact

Medium

Medium

Medium

Owner Manager/General Manager

7

26-08-2023

Regulatory Compliance Issues

Fines, Legal Penalties

Low

High

Medium

Owner Manager/General Manager

8

26-08-2023

Construction Delays

Delayed Opening, Increased Costs

Medium

High

High

Owner Manager/General Manager





Meeting Minutes Template

Meeting Details

Meeting called



Date of meeting

For First Meeting:


For second Meeting:

Time of meeting


For First Meeting:


For second Meeting:

Location of meeting


Meeting Participants

Facilitator (Learner)


Note-taker


Attendees (list of the stakeholders attended)


For First Meeting:

1.

2.

3.

For second Meeting:

1.

2.

3.

4.



Agenda Item 1 (discuss on Top Priority Risks)

Discussion point 1


Discussion point 2


Discussion point 3



Agenda Item 2 (discuss on Risk Treatment)

Discussion point 1


Discussion point 2


Discussion point 3



Agenda Item 3 (Discuss on Other issues related with Risk Treatment e.g. additional budget, HR etc.)

Discussion point 1


Discussion point 2


Discussion point 3



Action Items

Action Item


Assigned

(key person for the activity)

Due Date














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