The Griffith University website describes the benefits of trimesters as follows (trimesters were introduced in 2017).

"What are the benefits of a trimester system?

The trimester model provides you with the option to accelerate your study and complete degree sooner. Depending on your program, trimesters may also offer you greater flexibility to balance work, study and lifestyle commitments. You may also have a program structure that may allow for a lighter workload and enable you to spread your units of study across the three trimesters (Trimester 1, Trimester 2 and Trimester 3)."

Using Table 5.3: A five-step risk assessment process (below), identify and discuss five risks of the Griffith University trimester strategy.

Table 5.3: A five-step risk assessment process Step Description 1. Identify risk issues Describe and identify the risk. Specify the risk categories, and which pose a threat to the organisation. 2. Determine possible causes 3. Determine possible consequences Why and how might the risk eventuate? Be specic when identifying the causes of each potential risk. Remember that there could be more than one ca use. What is likely to happen? What are the con sequences for the organisation's vision, values, stakeholders, options, etc? Consequences should be rated from insignicant to catastrophic. 4. Determine current likelihood 5. Determine risk rating Analyse the likelihood of the risk occurring. as well as the likelihood of each possible consequence. Look at the effectiveness of existing controls, as well as decide new mitigation methods. Risk ratings are based on a combination of the consequence rating and the likelihood of occurrence. Source: Adapted from Small Business Development Corporation 2011, 'Risk management plan', Biz Guides, Government of Western Australia, Perth