1) MANAGING RISK Identify and define the key risks in this project (minimum of 3). Document them on the Risk Log.

RISK LOG
Risk ID	Date Raised	Description (Cause & Effect - Clearly describe what the risk is and what the impact is)	Impact Rating (Enter 1-5)	Likelihood Rating (Enter 1-5)	Risk Score (Impact x Likelihood)	Action & Owner (What needs to happen to mitigate this risk or is it acceptable to do nothing at this stage?)	Target Action Completion Date (When will actions be completed by?)	Risk Owner (Who is responsible for mitigating this risk?)	Any Additional Comments / Any Escalation Required?
R001					0
R002					0
R003					0
R004					0
R005					0
R006					0
R007					0
R008					0
R009					0
R010					0
R011					0
R012					0
R013					0
R014					0
R015					0
R016					0
R017					0
R018					0
R019					0
R020					0
R021					0
R022					0
R023					0
R024					0
R025					0