Question
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 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Meeting Details For First Meeting Date of meeting Enter date Time of meeting Enter ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started