Risk Assessment

Create a comprehensive risk assessment for [PROJECT/INITIATIVE/COMPANY] with the goal [GOAL].

**Context:**
- Industry / Environment: [INDUSTRY]
- Time frame: [TIME PERIOD]
- Budget / Resources: [BUDGET]

**Analysis steps:**

**1. Risk Identification**
Identify risks in the following categories:
- Strategic risks (market, competition, regulation)
- Operational risks (processes, IT, personnel)
- Financial risks (liquidity, currency, credit)
- Compliance and legal risks
- Reputational and communication risks

**2. Risk Evaluation (Risk Matrix)**
Assess each risk by:
- Likelihood (1=rare to 5=almost certain)
- Impact severity (1=negligible to 5=existential)
- Risk score = likelihood × impact

**3. Risk Heat Map**
Create a tabular overview of all risks with traffic-light colors (red/yellow/green).

**4. Mitigation Planning**
- Avoidance measures (eliminate the cause)
- Reduction measures (limit the damage)
- Transfer measures (e.g., insurance)
- Acceptance decisions

**5. Residual Risk & Monitoring**
- Remaining risks after measures
- Recommended KPIs for risk monitoring

Prioritize the top-5 risks requiring immediate action.

Replace placeholders in [square brackets]: [PROJECT/INITIATIVE/COMPANY][GOAL][INDUSTRY][TIME PERIOD][BUDGET]