Risk Event

Risk Event is an event that can cause a risk in the organization. This category is used to store different risk events for user reference.

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Risk Event (77,130)



# Name Description
1 Cost Overruns
Industry: Electricity
Name: Cost Overruns Cost overruns can occur due to underestimated expenses, inflation, or changes in vendor pricing, leading to budget overruns and financial losses.
2 Insufficient Resources
Industry: Oil
Name: Insufficient Resources Limited resources, such as time, personnel, or technology, can hinder the effectiveness of data cleaning efforts, leading to incomplete or inaccurate data.
3 Data Overcollection
Industry: General
Name: Data Overcollection Collecting more data than is necessary for the intended purpose, leading to increased storage costs, potential data breaches, and non-compliance with data protection regulations.
4 Lack of Cloud Cost Monitoring
Industry: Digital Infrastructure
Name: Lack of Cloud Cost Monitoring Failure to monitor cloud spending and identify cost optimization opportunities can lead to uncontrolled cloud expenses.
5 Pandemics
Industry: Engineering
Name: Pandemics Pandemics or other health emergencies that force suppliers to shut down operations or reduce production, leading to supply chain disruptions and project delays.