8. Identified areas of risk
8. Identified areas of risk
It is useful to show funders that you have considered potential risks and how you will address them. The level of detail will depend upon the size of the project. It could be a simple table highlighting that accessing funding, timescales and capacity of the volunteer group may present a risk to the project. Alternatively, for a large multi-faceted project it may be a longer document covering a more complex set of issues.
Simple Risk Table
Small Projects
For a small project, a simple risk table should be sufficient:
| Risk | Mitigating Action | Responsible / timescale |
|---|---|---|
| Not able to secure funding for the project | Develop a strong project and funding strategy and write comprehensive funding applications | Project group. Ongoing |
| Timescale for delivery of equipment slips | Order equipment as soon as funding is secured. Mange expectations for project completion date | Project group. Once funding secured |
| Volunteer fatigue | Recruit a number of volunteers to oversee project, so work is shared out between them | Project group. Ongoing |
Larger Projects
Larger or more complex projects could require a detailed risks table: Example risks table.
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