You are the project manager for a year-long technology project that will improve the automation for another division of your company. You used a risk management plan from an earlier project as the template for this one. Your boss, the sponsor of the project, responded to an email meeting request to discuss and hopefully approve the plan with an email message that simply said, "Looks good. Please proceed." You have taken on the role of risk owner for the one high priority risk identified for your project. The risk involves the potential turnover of members of the project team, end users and the sponsor due to a rumored buyout of employees following a two-year drop in sales and stock price.
How would you respond to this risk?