Response	Risk Factor	Probability	Impact	Risk Management Plan
	Project proposal is rejected by the board	L	H	Ensure all documents are clearly written and provided to the sponsors for their review even before the presentation
	Low student turnout to try new menu options	M	H	Advertise in both New Westminster and Anvil Office Tower buildings about new food options.
	No restaurants offering cheap Halal and Kosher dietary options	M	H	Increase the quantity of displayed Halal and Kosher food options.
	No restaurants offering cheap Gluten-free, Vegan and Vegetarian dietary options	M	H	Increase the quantity of displayed Gluten-free and Vegan food options.
	No restaurants offering other options such as Ketogenic and Paleolithic dietary options	H	M	Create exclusive agreement with restaurants to create pure Ketogenic and Paleolithic dietary options.

Risks are often managed byreducing the likelihood of the risk happening or theimpact. In your project, you could inform your stakeholders that you will be utilizing the below response strategy options while assessing and analyzing each project risk

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Please create your risk responses for the situation above:

Reference: