Identification Assessment & Analysis Management Monitoring

Risk event Probability Consequence Priority Response Strategies Accountability Review

Suppliers amend their Make purchases from
terms and conditions 2 Short of inventory 5 alternative suppliers or opt Operation: Vendor/Supplier
of supply for suitable substitute Purchasing Selection
products
Unplanned work that
must be 4 Delayed time on business 4 Keep updated progress Operation: Plan Timeline and Budget
accommodated launching weekly Review Weekly

Miscalculation Costs 3 Run out of cashflows to 5 Review Expenses and Adding Budget & Finance Additional Funds –
maintain operation more funding from joint Join Capital and
venture partners Business Loan

Extreme weather,
leads to loss of 3 Business Closures-Day loss 3 Open Order by Deliveries as Project Manager Methods of Delivery
resources, materials, transaction option
premises

Ineffective marketing 3 Slow selling, unable to 4 Launch aggressive social Marketing Improve service
& branding strategies capture market target in media branding activities excellence to
designated time customers to create
loyalty

Barista/Waiter 2 Slow service, long wait for 1 Establish temporary backup Operation Must know basic
Resigning customer to get service person in charge (one of us) knowledge of food &
beverage preparation
& service