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Project Risk Identification and Strategies

The document outlines various project risks along with their probability, impact, and corresponding response strategies. Key risks include delays in requirements gathering, technical issues, security vulnerabilities, budget overruns, and low user adoption. Each risk is paired with a specific strategy to mitigate its potential impact on the project.

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khanhhln2201
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4 views1 page

Project Risk Identification and Strategies

The document outlines various project risks along with their probability, impact, and corresponding response strategies. Key risks include delays in requirements gathering, technical issues, security vulnerabilities, budget overruns, and low user adoption. Each risk is paired with a specific strategy to mitigate its potential impact on the project.

Uploaded by

khanhhln2201
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Identify Project Risks with Responses

Risk | Probability | Impact | Response Strategy


Delay in requirements gathering | Medium | High | Hold early workshops with stakeholders
to finalize requirements quickly.
Technical issues during development | Medium | High | Allocate buffer time in schedule and
have contingency budget for external experts.
Security vulnerabilities after launch | Low | High | Conduct penetration testing and apply
regular security patches.
Budget overrun | Low | Medium | Track expenses weekly, get sponsor
approval for any change in scope.
Low user adoption | Medium | Medium | Run strong pre-launch marketing
campaign and offer first-month discounts.

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