Category of Risk
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Description
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Potential Impact on Project
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Likelihood
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Risk Response
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Choose from the list below. (Select all that apply)
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Describe each risk(s) in two sentences maximum
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Explain how the risk(s) could affect the implementation of the project in two sentences maximum
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How likely is/are the risk(s) to occur?
☐ Low
☐ Medium
☐ High
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What will you do to respond to this/these risk(s) (in order to lower its potential impact and/or likelihood of occurrence)?
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☐ External
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As there is a stable, but not so well-built economy and political system in our city, it is possible to have enough support on this matter.
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It may take long time to reach clarity in terms of legal issues and documentation.
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Medium
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Consult with appropriate institutions to tackle it.
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☐ Financial
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Once the funding is properly provided by CFLI, it is not expected to have problems.
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Bank systems are well-developed and reliable in our country.
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Low
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Consult with appropriate institutions to tackle it.
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☐ Operational
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As it is planned to have a small operating group, it will not be risky situation
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About 10-member staff is formed and they have been available in the project application processing as well.
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Low
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Consult with appropriate institutions to tackle it.
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☐ Safety and Security
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It is taken into consideration to build a safe building infrastructure and healthy social atmosphere.
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In the group of staff members there is one responsible for general security of the recipients.
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Low
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Consult with appropriate institutions to tackle it.
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☐ Timeframe
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It is expected to achieve the result in a particular amount of time in order to prepare everything for a new season of study year.
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For external and internal matters of the building, we hope eight-week time is sufficient.
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Low
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Consult with appropriate institutions to tackle it.
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☐ Other
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Choose an item.
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