Risk
No.

Risk
Description

R1

A new
name will be required if legal permission for Mint Cake is not obtained.

R2

The
pastry cook may not be available to make the Mint Cake; hence, a new cook needs
to be recruited.

R3

Regulations governing the manufacture and sale of confectionary foods
may be changed by the government.

R4

Raw
material needed for Mint Cake is not available on time in the required quantity
and quality.

R5

Market
research may take longer time to complete than planned because the time to reach
the prospects that need to be interviewed is longer than anticipated. This, in
turn, may delay the launch of the Mint Cake.

R6

The
project manager for the Mint Cake project may be transferred to another project
of Bakes Confectionaries. Hence, there will be a need to get a new project
manager.

R7

The
in-house tasting expert may not be available on the scheduled date to provide
inputs, which would cause delays in the schedule for the launch of the Mint
Cake.

R8

The
external tasting expert may not be available on the scheduled date to provide
inputs, thereby causing delays in the schedule of the launch of Mint Cake.

R1

0.4

0.5

1500

25%

R2

0.5

0.9

3200

100%

R3

0.2

0.4

4000

10%

R4

0.3

0.7

2200

40%

R5