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Risk assessment and mitigation strategy

Risk Identified Description Probability of Impact intensity Existing measures Mitigation Strategy
occurrence
Software failure Failure of software Medium High 24/7 testing of Upgrading to
due to technical product notifications, if the
issues software functionality
is deviating from
original

Server issues Connections issues High High Taken new Switch the servers
due to server immediately

Server not tracking Communication Medium Medium Passing various Assign a technical team
RFID tags barriers tests and to check the status
examinations always

Overloading of Due to high Medium Medium Outsourcing to Undergo Stress testing,


software amount of users, vendor to deal load testing
software response with such risks
is reduced

Heavy storms Due to heavy High High Provide covering Manufacturing rain
rainfall, Sensors for sensors equipped product

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