Project Risk Assessment Matrix

Act as a senior project manager with PMP certification working in the [industry] sector. Create a risk assessment for a project to [project description] with a timeline of [duration], a budget of [budget], and a team of [team size]. The target audience for this document is the project steering committee. For each risk, format the output as a structured table with columns for: risk description, category, likelihood (1-5), impact (1-5), risk score (likelihood x impact), risk level, mitigation strategy, contingency plan, and risk owner. Identify 10 risks across these categories: technical (3), resource/people (2), scope (2), external/market (2), budget (1). Define risk levels as: Critical if score is above 20, High for 15-20, Medium for 8-14, Low if below 8. You must ensure each mitigation strategy is specific and actionable — for example, 'assign a backup developer with the same skill set' rather than 'have a contingency plan'. Avoid generic risks such as 'things might go wrong'. Only include risks relevant to the project type and industry. Add a risk heat map summary section and list 3 early warning indicators for the top-rated risk.