€19.06 – €23.02
Sample Response
Risk: Loss of Key Team Members During Critical Project Phases
Mitigation Plan:
To address the potential risk of losing key team members during critical phases of the project, the following mitigation measures will be implemented:
- Knowledge Sharing and Documentation:
- Develop and maintain comprehensive project documentation, including task details, progress reports, and procedural guidelines, to ensure smooth knowledge transfer in the event of team member attrition.
- Cross-Training:
- Conduct cross-training sessions to equip multiple team members with the skills and knowledge required to handle critical tasks, minimizing dependency on specific individuals.
- Retention Strategies:
- Foster a supportive and engaging work environment by providing competitive compensation, recognition programs, and opportunities for professional growth to reduce attrition.
- Succession Planning:
- Identify and mentor potential successors within the team to step into critical roles, ensuring continuity in project execution.
- Recruitment Pipeline:
- Establish a ready-to-deploy recruitment pipeline with pre-screened candidates to reduce the time needed to fill vacancies when they arise.
