Risk Response Plan

1. Тhe departure of good specialists due to the conflict. The strategy for this
risk is mitigate and avoid in the future. During the project, check all the
requirements to monitor their compliance. Are all the project participants
aware of what is happening? Are they ready for the next stage? How
clearly defined is the scope of work? It is also important to ensure that
information about the project is available to all participants. Time: 3
months. Budget: 500000$
2. Loss of the main supplier. The strategy for this risk is avoid. In order not
to lose the main supplier, you need to ask everyone's opinion and solve
this situation to the project manager. Time: 3 months. Budget: 500000$
3. Budget increase. The strategy for this risk is mitigate and avoid in the
future. In order not to exceed the initial budget, you need to take into
account every little thing and check according to plan. Time: 3 months.
Budget: 500000$
4. Project deadlines have been increased. The strategy for this risk is to
mitigate and avoid in the future. Make a plan for the development of the
application and have time to create all the functions. Time: 3 months.
Budget: 500000$

5. Project deadlines have been reduced. The strategy for this risk is to
accept. Respond quickly to problems and make interesting updates to
maintain. Time: 3 months. Budget: 500000$

6. High success of the project. The strategy of this risk is to accept. It is

necessary to solve and avoid any risks and react quickly to risks, to
maintain success, make updates and read reviews. Time: 12 months.
Budget: 500000$
7.