The Risk Mitigation Model assesses the severity and probability of identified risks. The Risk Mitigation Model lists each risk, its warning signs, probability of occurrence, and a topline mitigation plan. Risk Mitigation Models can be used in conjunction with specific projects, strategic plans, or general operational/tactical plans.
The Risk Mitigation Model can assess the risk involved with:
- Switching to a new Point Of Sale system for admission and exhibition ticket purchases
- Outsourcing the fundraising process
- Accepting a unique gift