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Topic- New car modal name is T modal. It is based on track performance. Risks and Mitigation Strategies Identify at least 5 risks for your
Topic- New car modal name is T modal. It is based on track performance.
Risks and Mitigation Strategies
- Identify at least 5 risks for your project
- Provide a description of the risk
- Assess the Probability and Impact of each of the 5 risks
- Calculate the Score for each of the 5 risks (Probability x Impact)
- Develop a Risk Response Strategy (i.e. how will you respond to each of the 5 risks - transfer, mitigate, accept, or retain?)
- What is your contingency plan for each of the 5 risks?
- What is the potential trigger for each contingency?
- What is the status for each risk (open, closed, or in-progress)?
Conclusion
- Provide an overall summary of the project
- What were your Key Findings?
- What were your Lessons Learned?
- What are 3 key Takeaway messages you want the audience to remember?
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