Project Description: "We are building a mobile banking app. Team of 8 developers, 2 QA engineers, 1 UX designer. Deadline: 5 months. Budget: $500,000. Must integrate with existing backend APIs." RISK REGISTER Risk #1: API integration delays due to undocumented endpoints Category: Technical Probability: High | Impact: High | Score: 9 | Priority: 1 Risk #2: UX design changes causing development rework Category: Scope Probability: Medium | Impact: High | Score: 8 | Priority: 2 Risk #3: QA capacity insufficient for full regression testing Category: Resource Probability: High | Impact: Medium | Score: 6 | Priority: 3 Risk #4: Third-party vendor security audit delays Category: External Probability: Medium | Impact: Medium | Score: 4 | Priority: 4 Risk #5: Team burnout due to tight deadline Category: Resource Probability: Medium | Impact: Medium | Score: 4 | Priority: 5 TOP 5 RISK MITIGATION STRATEGIES Risk #1: API Integration Delays Mitigation: Start integration testing in Month 2, not Month 4. Assign dedicated backend developer to audit API documentation immediately. Contingency: Build mock API endpoints for critical services in case real APIs are delayed. Trigger: If API documentation is not finalized by end of Week 2, escalate to vendor management. Risk Owner: Lead Backend Developer Risk #2: UX Changes Mitigation: Freeze designs by end of Month 1. Implement a "change request" process requiring PM approval for any UX changes. Contingency: Allocate 2 weeks of buffer at the end of the project for design-related rework. Trigger: More than 3 UX change requests in a single week. Risk Owner: UX Designer & PM Risk #3: QA Capacity Mitigation: Hire 1 contract QA engineer for Months 4-5. Prioritize test automation from Day 1. Contingency: Reduce scope of non-critical features to allow more QA time for core functionality. Trigger: QA team reports more than 20% test cases not executed in Week 3. Risk Owner: QA Lead EXECUTIVE SUMMARY Overall risk profile is MODERATE-HIGH. Two critical risks (API integration and UX changes) require immediate attention. If mitigated early, the project has a 75% chance of meeting the 5-month deadline. Recommend weekly risk review meetings with the full team.