Need help with Risk Register

#

Risk

Description

Probability

(High, Med, Low)

1

HR/Human Capital

Potential loss of production staff upon communication of the plant closure for other employment opportunities in the US. This can result in the inability to meet current contractual obligations to customers.

High

2

Production Backlog

Production schedule interruptions due to lack of staff, parts, mechanical failures, or other issues.

High

3

Customer Abandonment

Customers might decide to end business relationships with company due to cost or even geopolitical reasons.

Med

4

Manufacturing Facility (Temporary)

Ability for Acme to maintain production during transition with the leasehold expiration on the horizon.

High

5

Plant Relocation

Cost, timeline, and ramping up local staff for training and preparing for production in China. Ex-patriating US workers and the acclimation of them.

High