| Column1 | Risk | Risk Definition | Risk Category | Impact on the Project | Probability | Risk Score | Risk mitigation strategy | Response | Risk Owner |
| 1 | Overpayment | KBL might face competition from other potential buyers, the risk of overpayment is high | Financial Risk | Increased financial problems | 0.8 | high | Risk sharing | Share the cost of overpayment between the mergers | KBL's Management |
| 2 | Information Asymmetry | One party in a transaction has inadequate information. | Contractual Risk | A party in the contract can use the information he has to benefit from the deal. | 0.76 | high | Risk avoidance | Ensure that KBL's management knows all the relevant information about the organization being purchased. | KBL's Management |
| 3 | Data migration approaches | there is a difference in data management approaches between two companies | Technical Risk | security issues may arise if the competitor was affected by cybercrimes | 0.5 | medium | Risk avoidance | implementing the advanced ERP system | IT Department |
| 4 | Employees lacking required skills | Employee can make mistakes while offering services | Operation Risk | The action can cost time and money | 0.7 | medium | Risk reduction | Training the employees | Human Resource Management |
| 5 | sales reduction | this may be brought about by fluctuating markets | Economic Risk | Decreasing profit margins | 0.3 | low | Risk Transfer | Share the costs with the buyers (increase selling prices) | Sales and Marketers |
| 6 | Legal compliance | KBL may be forced to comply to additional laws as a result of the acquisition | Compliance Risk | Increased cost of merging | 0.4 | low | Risk sharing | Share the cost of compliance with the organization being purchased | KBL's Management |
| 7 | Unhappy customers | customers may be negative thoughts about the company being bought | Reputation Risk | Reduction in sales | 0.8 | high | Risk Transfer | Taking all the complaints of the organization and forming strategies | Sales and Marketers |
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rismail_RiskMitigation_81320.doc.xlsx
