Task: Consider Risks and Contingencies
Consider the risks of the project and mitigation options
Purpose

Consider the risks of the project and mitigation options. Some examples of risks are:

·         Scheduling (What if the project takes longer than anticipated?)

·         Financial (What if the project sponsor encounters budgetary problems?)

·         Data (What if the data are of poor quality or coverage?)

·         Results (What if the initial results are less dramatic than expected?)


Relationships
Steps
Document each possible risk
Document a contingency plan for each risk