Risk Management Plan

RISK ID	Description	Severity	Responsibility	Measures in the event of risk
RISK01	Team member is sick	S4	Team member	Inform team members and other relevant parties
RISK02	Team member leaves the project	S2	Team leader	Call for a team meeting and asses the situation and redistribute responsibilities
RISK03	Incomplete or inadequate documentation	S4	Team member	Recall proper documentation standards and conduct knowledge transfer sessions
RISK04	Ineffective communication within the team	S4	Team leader	Promote more frequent team engagement and communication
RISK05	Incompatibility issues between different software versions	S3	Developer/Tester	Test compatibility thoroughly, keep track of software versions
RISK06	Security vulnerability	S2	Security	Conduct security audits and follow recommended practices
RISK07	Unforeseen technical challenges	S3	Team member	Report the issue to team members or other relevant parties
RISK08	Equipment failure	S3	Team member	Inform team members and formulate a contingency plan to ensure the continuation of the project work
RISK09	Insufficient testing and quality assurance	S2	Tester	Review the testing process and enhance it by conducting comprehensive testing at every stage
RISK10	Changes in project requirements or objectives	S3	Team leader	Conduct impact analysis, communicate with stakeholders to further clarify requirements and adjust project plan accordingly

The severity class should be defined according the project

Severity class	Description	Other
S1	Force Major - Total show stopper
S2	Significant impact on the project, action required
S3	Moderate impact, may slow down progess and require action
S4	Minor impact, doesn't jeopardize progress
S5	No immediate effect on project progress, to be observed