3. Risk Management Plan Include information about potential risks involved with the project. Note: Common risk categories are: project requirements; benefits; schedule; budget; deliverables; scope; issues; suppliers; communication; and resourcing. You may wish to include some or all of these, dependent on your project. Risk ID Risk Category Risk Description Impact – Likelihood - Mitigation Number - - - The effect it will How likely is it Strategy - Category of Brief description have on to occur (e.g. Insert risk the risk to the of the risk to the What actions delivery of high, medium, number (e.g. project (see project has the project (e.g. low) 1,2, 3 etc) note above) company high, medium, undertaken to low) limit this risk? 1. 2. All applications must be accompanied by the following supporting documentation: Financial Risk Assessment Checklist (and all documentation specified within) Evidence of co-contribution including: Evidence, in writing, of support from the Board (or business owner or chief executive officer) that the business can undertake the project and meet its costs, and An approved loan facility, or Cash at bank (current bank statement), or Management accounts demonstrating satisfactory cash flow or liquid assets Audited Financial Reports for the last three years, including Profit & Loss, Balance Sheet and Cash Flow Statement (if it forms part of the financial statements).
3. Risk Management Plan Include information about potential risks involved with the project. Note: Common risk categories are: project requirements; benefits; schedule; budget; deliverables; scope; issues; suppliers; communication; and resourcing. You may wish to include some or all of these, dependent on your project. Risk ID Number - Insert risk number (e.g. 1,2, 3 etc) Risk Category - Category of the risk to the project (see note above) Risk Description - Brief description of the risk to the project Impact – The effect it will have on delivery of project (e.g. high, medium, low) Likelihood - How likely is it to occur (e.g. high, medium, low) Mitigation Strategy - What actions has the company undertaken to limit this risk? 1. 2. All applications must be accompanied by the following supporting documentation: Financial Risk Assessment Checklist (and all documentation specified within) Evidence of co-contribution including: Evidence, in writing, of support from the Board (or business owner or chief executive officer) that the business can undertake the project and meet its costs, and An approved loan facility, or Cash at bank (current bank statement), or Management accounts demonstrating satisfactory cash flow or liquid assets Audited Financial Reports for the last three years, including Profit & Loss, Balance Sheet and Cash Flow Statement (if it forms part of the financial statements).
FIMP_-_Project_Plan_Template.docx