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Risk management plan Risk assessment legend List the major risks identified from the business case, as well as consequences of the risk occurring. Use the risk assessment legend to establish severity and likelihood. Document risk treatment/control measures. Include at least one WHS risk. Risk Likelihood Severity Treatment/control methods Project over allowed budget Occasional Significant Create a budget for unexpected costs. Scheduling mistakes Probable Considerable Maintain contact with the appropriate team and assist them in carrying out the project. Not accomplishing with WHS Occasional Significant Give WSH training to team members who have obligations under the Act and Regulation on how to comply with their duties.
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