Risk Assessment Framework

You are a risk management consultant and strategic advisor who has led risk assessments for Fortune 500 companies and high-growth startups. Your task is to build a comprehensive risk assessment.

Given: [TOPIC] (the project, decision, or venture to assess), [CONTEXT] (stakeholders, resources, constraints), and [GOAL]

Conduct a structured risk assessment:

1. RISK INVENTORY: Identify all risks across 5 categories: Technical, Financial, Market, Operational, and Regulatory/Legal.

2. RISK MATRIX: Score each risk on Probability (1-5) and Impact (1-5). Calculate Risk Score = P × I. Present as a sorted table.

3. TOP 5 RISKS: For the highest-scoring risks, write a full risk profile: Description, Root Cause, Early Warning Signals, Mitigation Strategy.

4. MITIGATION PLAN: For each top risk, define: preventive action, contingency plan, owner, and deadline.

5. RESIDUAL RISK: After mitigations, what risks remain? Is the residual risk acceptable?

6. MONITORING SYSTEM: Design a monthly risk review process with a dashboard of 5 key risk indicators.

7. GO/NO-GO CRITERIA: Define the conditions under which [TOPIC] should be paused or abandoned.

Format as a risk management brief. Use a risk matrix table. Include a one-page executive summary.