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Risk Assessment Matrix

In: Business and Management

Submitted By nicisaac
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|Project Title: | |Proposer(s): |PI and collaborator/RA names |Date: |…of completion of risk assessment form |
| | | | | | |
| | | | | | |
| | | | | | |
|Reference No.: | | | | | |

|Potential Risk Factors |Probability of Risk Arising (H/M/L) |Impact

(H/M/L) |Risk Indicators |Control Mechanisms |Named Risk Lead | |Financial

|Funder/commissioner problems:

Funders’ insolvency?
Failure to deliver promised funds?
Last minute budget changes – under-funding?
Matched funding not available?
No infrastructural support?
Funding delays in monies being delivered?
Funders’ linking funding to deliverables.

Low | |Information from any source accounting for risk. |Outline proposal already submitted and approved

Cautionary notes minuted and recorded

Regular meetings with funders/advisors

Regular progress meetings with project team

Audited oversight of institutional financial management...

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