RISK ASSESSMENT Describe Potential Assess Risk Strategy/Plan to Mitigate Estimate Impact Risk Event Likelihood Risks Use a single row for Select one Select one Describe the strategy or each potential risk response from response from plan for each risk identified identified the list below the list below for each risk for each risk Use specific project identified: identified: objectives, milestones, activities -Very Likely -High or deliverables to -Probable -Medium identify risk events. -Very Unlikely -Low PART 5: PROJECT BUDGET: EXPLANATION OF BUDGET AND JUSTIFICATION OF BUDGET ITEMS Please refer to Section 4.5 Part 5 and Section 6 of the Applicant Information Document. Use the Table below to assist you in completing the budget. Year 1 Year 2 Total WCB $ WCB $ WCB $ Budget Item Request Request Request Insert rows as needed 1 Salaries Benefits costs Consultancy fees Other remuneration Sub-Total Material and supplies (list each item Insert rows as 2 greater than $1,000) needed Subtotal Equipment purchase Insert rows as 3 needed Equipment rental Equipment lease
RISK ASSESSMENT Describe Potential Risk Event Assess Risk Likelihood Estimate Impact Strategy/Plan to Mitigate Risks Use a single row for each potential risk identified Use specific project objectives, milestones, activities or deliverables to identify risk events. Select one response from the list below for each risk identified: -Very Likely -Probable -Very Unlikely Select one response from the list below for each risk identified: -High -Medium -Low Describe the strategy or plan for each risk identified PART 5: PROJECT BUDGET: EXPLANATION OF BUDGET AND JUSTIFICATION OF BUDGET ITEMS Please refer to Section 4.5 Part 5 and Section 6 of the Applicant Information Document. Use the Table below to assist you in completing the budget. Year 1 Year 2 Total Budget Item WCB $ Request WCB $ Request WCB $ Request 1 Salaries Insert rows as needed Benefits costs Consultancy fees Other remuneration Sub-Total 2 Material and supplies (list each item greater than $1,000) Insert rows as needed Subtotal 3 Equipment purchase Insert rows as needed Equipment rental Equipment lease
8-Template%20Workplace%20Innovation%20Application.docx