Question: Topic- New car modal name is T modal. It is based on track performance. Risks and Mitigation Strategies Identify at least 5 risks for your

Topic- New car modal name is T modal. It is based on track performance.

Risks and Mitigation Strategies

  • Identify at least 5 risks for your project
  • Provide a description of the risk
  • Assess the Probability and Impact of each of the 5 risks
  • Calculate the Score for each of the 5 risks (Probability x Impact)
  • Develop a Risk Response Strategy (i.e. how will you respond to each of the 5 risks - transfer, mitigate, accept, or retain?)
  • What is your contingency plan for each of the 5 risks?
  • What is the potential trigger for each contingency?
  • What is the status for each risk (open, closed, or in-progress)?

Conclusion

  • Provide an overall summary of the project
  • What were your Key Findings?
  • What were your Lessons Learned?
  • What are 3 key Takeaway messages you want the audience to remember?

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