Question: Select a hypothetical project or use a real - life project scenario ( eco friendly cars ) . Provide a brief description of the project,
Select a hypothetical project or use a reallife project scenarioeco friendly cars Provide a brief description of the project, including its objectives, scope, and key stakeholders. Risk Identification: Identify at least five potential risks that could impact the project. These risks should cover various aspects such as technical, financial, schedule, operational, and external risks. For each identified risk, describe the potential impact on the project. Risk Assessment: Assess the identified risks in terms of their probability of occurrence and the potential impact on the project. Create a risk matrix to visualize the risk assessment results. Risk Response Planning: For each identified risk, develop an appropriate risk response strategy. The response strategies should include at least one of the following: avoid, transfer, mitigate, or accept. Provide a response action plan for implementing each risk response strategy. Include who will be responsible, what actions will be taken, and the timeline for these actions.
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