Key Risks Probability Impact Risk Mitigation Strategies Inadequate Factory Acceptance Testing (FAT) or Commissioning Plans Low High Include FAT and SAT in procurement scope; simulate real operating conditions during testing. FAT and SAT ar...
AI summary The document outlines key risks and mitigation strategies for a project, including inadequate Factory Acceptance Testing (FAT), regulatory and permitting delays, budget and financing risks, and environmental permitting challenges. Mitigation strategies include early engagement with regulatory bodies, contingency planning, and strict scope control.