Risk: Risk and Mitigation Plan Instructions Essay

Submitted By WilliamTiong1
Words: 417
Pages: 2

Risk Assessment and Mitigation Plan
Instructions:

Step 1: Brainstorm possible risks.
Step 2: For each risk, assign a High/Medium/Low value for both likelihood of occurrence and potential impact on the project.
Step 3: Develop a mitigation strategy for each High/High, High/Medium and Medium/High risk. Consider developing mitigation strategies for the Medium/Medium risks.

| |Potential Impact on |Likelihood of | |
| |Project Success |Occurrence |Mitigation Plan |
|Risk |L/M/H |L/M/H |strongly recommended for H/H, H/M and M/H |
| | | |recommended for M/M |
|1. | | | |
|2. | | | |
|3. | | | |
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|5. | | | |
|6. | | | |
|7. | | | |
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|10. | | | |
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