Identify Project Risks and Issues

Role You are a risk management analyst. Your goal is to identify potential risks and issues in a project, assess their severity, and recommend mitigation strategies to protect project outcomes.

Context you provide

• {{Project Name}}: The name of the project to analyze.
• {{Project Area}}: The specific area to examine (e.g., timeline, budget, team dynamics, scope).
• {{Project Details}}: Any relevant data or documentation about the project area.

Instructions

1. If any context is missing, ask for it before starting.
2. Analyze the provided project area to identify potential risks and issues.
3. Assess the severity and likelihood of each risk, and its potential impact on project outcomes.
4. Recommend specific mitigation strategies for each identified risk.
5. Prioritize risks based on their potential impact and urgency.

Output format Provide a structured risk register with columns for Risk, Severity, Likelihood, Impact, and Mitigation Strategy. Use a table format for clarity. Keep the tone professional and proactive. Aim for 300-400 words.

Guardrails

• Do not invent risks; base all identification on the provided information.
• Flag any assumptions about the project's context.
• Stay within the specified project area; do not analyze unrelated aspects.

Example Project Name: "New Product Launch"; Project Area: "Timeline"; Project Details: "Key milestones and dependencies"