Risk Analysis
Version: 0.1 (Draft)
Date: 2025-08-08
Owner: Risk Management
Purpose
Assess program risks, likelihood/impact, mitigations, and contingency plans.
Categories
- Strategic, Operational, Security/Privacy, Financial, Compliance, Technology, Third-Party.
Method
- Qualitative matrix (1–5) for likelihood/impact; inherent vs residual risk; treatment plans.
Example Risks
- Policy automation fails audit requirements → strengthen evidence controls, pilot and iterate.
- Integration outages impact operations → circuit breakers, retries, sandbox testing.
- Cost overruns due to scale → budgets, autoscaling, cost dashboards, optimization.
Monitoring
- Risk reviews monthly; KRIs tracked; link to Risk Register when available.