C'S SCM 120 PROJECT LEADERSHIP assignment 2 (1) [Compatibility Mode] - Word HP OFFICE HO X File Home Insert Draw Design Layout References Mailings Review View Help Tell me what you want to do Share to Cut Calibri (Body) - 11 - A" A Aa A AaBbCcDc AaBbCcDc AaBbC AaBbcci Aab Find AaBbCCC Copy Bac Replace Paste BI U~ abe X2 X A Z . A 1 Normal No Spac... Heading 1 Heading 2 Title Subtitle 41 Format Painter Select ~ Clipboard Font Paragraph Styles Editing Mitigating action Actions to mitigate the risk e g reduce the likelihood. Contingent action As an individual you are required to answer the following. risks have been stated and you need to Action to be taken if the risk happens. provide the mitigation action and contingent actions in any construction project 4. Risk description: Unresolved project conflicts not Refer to the examples below for better understanding: escalated in a timely manner Likelihood of the risk occurring Impact if the risk occurs Severity 1. Risk description: Lack of communication, causing lack Rating based on impact & likelihood. Owner of clarity and confusion. Person who will manage the risk Likelihood of the risk occurring Mitigating action Impact if the risk occurs Actions to mitigate the risk e g. reduce the likelihood. Severity Contingent action Rating based on impact & likelihood. Action to be taken if the risk happens. Owner 5. Risk description: Legal action delays or pauses project. Person who will manage the risk. Likelihood of the risk occurring Mitigating action Actions to mitigate the risk e g. reduce the likelihood. Impact if the risk occurs Severity Contingent action Rating based on impact & likelihood. Action to be taken if the risk happens. Owner Person who will manage the risk. Mitigating action 2. Risk description: Consultant or contractor delays Actions to mitigate the risk e g. reduce the likelihood. Contingent action Action to be taken if the risk happens. Likelihood of the risk occurring Impact if the risk occurs Severity Rating based on impact & likelihood. Owner Person who will manage the risk. Mitigating action Actions to mitigate the risk e g reduce the likelihood Contingent action Action to be taken if the risk happens. 3. Risk description: Estimating and/ or scheduling errors Likelihood of the risk occurring Impact if the risk occurs Severity Rating based on impact & likelihood. Owne Person who will manage the risk. Page 1 of 2 309 words DE English (United States) 2 Accessibility: Unavailable -- + 49% 24.C ENG Clear W 01:16 AM IN 06-08-2022