522 - Q1 You are the project manager

1. You are the project manager in charge of a new drug development project. You have developed a mind map, with the following key 6 risks and associated questions:
Apologies – the last box, at the bottom right, should read “Cannot pass by the Federal Drug Administration, who approves/rejects drugs, test”
For risk mitigation, you have developed the following matrix, with risk likelihoods and impacts:
 
 
a. What are the risk scores? Please add them in the last column in the table.
 b. For each risk category, list a few actions (more than 1 for each) you would take to reduce the risk (where possible, apply tools):