Question: Risk Risk ID Description Likelihood (1-5) Impact (1-5) Risk Level (Low, Medium, High) Mitigation strategy Contingency Plan Owner R1 Delays in system development 3 4
Risk
| Risk ID
| Description
| Likelihood (1-5)
| Impact (1-5)
| Risk Level (Low, Medium, High)
| Mitigation strategy
| Contingency Plan
| Owner
|
| R1
| Delays in system development
| 3 | 4 | Medium
| Regular Progress Reviews, agile development approach
| Reallocate resources, Adjust timeline
| Project Manage
|
| R2 | Budget overrun
| 2 | 5 | Medium
| Strict Budget monitoring, regular financial reviews
| Seek additional funding, reduce the scope
| Project Sponsor
|
| R3 | Resistance from kitchen staff and frontline workers
| 4 | 3 | Medium | Comprehensive training involves staff in the development
| Address concerns, provide incentives
| Training Coordinator
|
| R4 | System integration issues
| 3 | 4 | Medium | Thorough testing and quality assurance
| Engage external experts, and troubleshoot promptly
| IT Specialist
|
| R5 | Insufficient stakeholder
| 2 | 4 | Regular updates, clear communication channels
| Hold additional meetings, escalate to higher management
| Project Manager
| |
| R6 | Technical failures or downtime
| 3 | 5 | High | Implement robust IT infrastructure, regular maintenance
| Develop backup systems, quick response team
| Systems Developer
|
| R7 | Non-compliance with local regulations
| 1 | 5 | Medium | Regular consultations with the City of Toronto representatives
| Adjust the system to comply with regulations
| Project manager |
| R8 | Food supply chain disruption | 3 | 4 | Medium | Dddddd Develop strong relationship with suppliers maintain buffers stock | Identify alternatives suppliers adjust meal plans | Operation |
| R9 | Low client | 2 | 3 | low | Incorporate client feedback, ensure meal quality
| Conduct satisfaction surveys and adjust services accordingly
| Project manager |
| R10 | Data privacy and security breaches
| 2 | 5 | High | Implement strong security measures, regular audits
| Incident response plan, notify affected parties
| IT Specialist
|
MAKE A RISK REGISTER FROM THE ABOVE
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
