Scenario Impact A The budget for What changes do you make to the risk risk treatment treatment strategy and the risk treatment implementation actions plan? was cut by 15%. (50-100 words) B One of the risk How do you address the situation? (30-50 owners is not words) confident in applying the risk management process A new competitor What new risks will you consider and treat? is opening a cafe next door. One of the Specify the risk from the list of risks in your highest priority Risk Register: risks in your risk register Outline how the issue is managed. (50-100 happened. words) How do you manage the issue? F When monitoring What is the impact on risk monitoring? risks, you are How do you address the issue? using a very (40-80 words) complex risk status report that is difficult for staff