Risk Management Plan

List the risks, assess their severity and probability, and try to consider measures on how the most serious / probable risks could be prevented in advance. In addition, it would be good to have a plan of how to act if the risk materializes. Attach the following section here:

RISK ID	Description	Likelihood / Impact	Severity	Mitigation Strategies	Responsible Team
#01	Vulnerabilities in legacy code due to outdated libraries	Low / Medium	S4	Update libraries, implement automated scanning	Ops Dev
#02	Misconfigurations in server setups leading to potential breaches	Medium / High	S3	Use Infrastructure as Code for consistent setups, conduct regular audits	Ops Sec
#03	Security flaws in Docker container images from untrusted sources	Medium / Medium	S3	Use only official/trusted images, implement automated vulnerability scanning	DevOpsSec
#04	Inadequate or outdated documentation causing operational errors	Medium / Medium	S4	Regularly update documentation, implement review process	Documentation Team
#05	Reliance on technologies that are becoming obsolete can pose long-term risks related to support, compatibility, and security	Low / Low	S5	Backups and maintaining virtual machines	Ops
#06	Limited budget, time, or human resources can constrain the project's ability to address all identified risks adequately, potentially leaving critical vulnerabilities unmitigated.	Low / Low	S5	As a School project this is not high risk	All
#07	The unexpected departure of a crucial team member .	Low / High	S2	Develop a succession plan for key personnel that includes cross-training team members to ensure multiple individuals are capable of covering critical roles	All
#08	Challenges in integrating updated components or new features with the existing infrastructure, leading to compatibility issues, performance degradation, or unexpected behavior	Medium / Medium	S3	Conduct thorough integration testing, involve experienced mentors for guidance, and maintain a rollback plan for critical updates.	DevOps
#09	Variability in team members' technical skills and experience may lead to inconsistent development practices, potential errors, or inefficiencies.	Medium / Medium	S3	Promote knowledge sharing sessions, pair programming, and ensure access to learning resources. Consider assigning tasks based on skill levels and providing additional support where needed.	All
#11	Effective collaboration and communication might be hindered by remote work, differing schedules, or unclear responsibilities, affecting project coordination.	Low / Low	S5	Utilize collaboration tools effectively, establish clear communication channels and regular meetings, and define clear roles and responsibilities.	All
#12	Quick fixes or temporary solutions might accumulate technical debt, making future modifications more difficult and time-consuming.	Medium / Medium	S3	Prioritize refactoring where necessary, document temporary solutions clearly with TODOs, and allocate time for addressing technical debt regularly.	All
#13	Inadequate testing can lead to undetected bugs or issues, impacting the quality and reliability of the project.	Medium / Medium	S2	Implement a comprehensive testing strategy that includes unit tests and encourage a culture of quality assurance across the team.	Test

Severity descriptions

The severity class should be defined according the project

Severity class	Description	Other
S1	Force Major - Total show stopper
S2	Severe impact on progression, will cause very noticeable problems and slows down working a lot
S3	Moderate impact on progression, will be noticed but won't stop the show
S4	Minor impact on progression, won't cause noticeable harm
S5	No immediate affect, to be observed