Risk Management
Identify, assess, and mitigate carve-out risks
Critical Risks
11
High Risks
24
Open Risks
31
Mitigated
0
Risk Heatmap
Risk distribution by likelihood and impact
Likelihood
Very Low
Low
Medium
High
Very High
medium
3
6
10
high
3
11
7
very high
3
2
low
1
Risk Level:
None
Low (1-2)
Medium (3-4)
High (5+)
All Risks
Complete risk register with mitigation status
| Risk ID | Description | Category | Severity | Impact | Status | Owner | Actions |
|---|---|---|---|---|---|---|---|
| 25c44b41-f093-448b-8881-2a3dfac647fe | Data Privacy Requirements Evolving data privacy laws requiring additional security controls | compliance | high | high | in progress | Privacy Officer | |
| e79e0a5f-3ed0-45d5-b80e-652249da3a1a | Currency Exchange Volatility Exchange rate fluctuations affecting international vendor costs | financial | medium | medium | open | Finance Manager | |
| 4e3d3cd6-0247-44ed-9c60-7d8c6fd81ffa | Change Management Resistance Significant user resistance to new systems and processes | operational | high | high | open | Change Manager | |
| 40c94736-57c3-48fc-a9db-94afe97034ad | Legacy System Documentation Incomplete documentation for legacy systems complicating migration | technical | medium | medium | in progress | Technical Lead | |
| 71423bcd-d332-4e38-a834-86b5f639b227 | Timeline Compression Stakeholder pressure to accelerate timeline by 2 months | timeline | high | high | open | Program Manager | |
| b88afbf3-6f05-4527-ae71-3c773faff2c9 | Regulatory Compliance Gap New regulations may not be fully addressed in current design | compliance | critical | very high | open | Compliance Officer | |
| 710e284f-ef81-4e07-adc0-3c54d6ae1f45 | Budget Overrun Risk Current spending trajectory indicates potential budget overrun | financial | high | high | open | Finance Director | |
| 90e9a284-25ba-40ec-829c-fc43c55b0328 | Vendor Contract Delays Delays in finalizing contracts with new service providers | operational | medium | medium | in progress | Procurement Manager | |
| deb80cf3-771a-4831-9950-9b0ac0e339bb | Third-Party API Deprecation Critical third-party API scheduled for deprecation during migration period | technical | high | high | open | Integration Lead | |
| 415f2fc4-0ac7-49a8-a68a-e5f1289e97ba | Resource Availability Key technical resources may be unavailable during critical phases | operational | high | high | open | Resource Manager | |
| 790cfa41-e5bc-4910-85b5-1349512378c2 | Disaster Recovery Gap DR capabilities during transition period below acceptable RTO/RPO | operational | critical | very high | open | DR Coordinator | |
| d3f106cf-c7bb-4ea8-8055-d3741c00c5aa | Insufficient Testing Coverage Limited time for UAT may result in undetected defects in production | operational | medium | high | open | QA Manager | |
| 1ea960e2-c2bd-42ca-850a-c083235fe041 | Vendor Lock-in Risk Heavy dependency on single cloud provider may limit flexibility and increase costs | operational | medium | high | open | Cloud Architecture Team | |
| 94dac768-7dab-4334-8d0c-2f0af3be2569 | Legacy System Integration Complexity Integration with legacy systems more complex than anticipated, causing delays | technical | high | very high | in progress | Integration Lead | |
| e35b2006-333c-4f6e-9ad6-e3de8f14d454 | Regulatory Compliance Gap New data residency requirements may not be met by current cloud architecture | compliance | high | very high | open | Compliance Officer | |
| e6563819-9289-4a16-aa49-a805d05598fc | Cutover Window Insufficient Planned cutover window may be too short for complex migration activities | timeline | high | very high | in progress | Migration Lead | |
| 4c9cc693-6947-49cc-94b0-ad19bd978b67 | Change Management Resistance User resistance to new system may impact adoption and ROI | operational | medium | medium | open | Change Manager | |
| c39dce4d-73d6-41be-8c13-7463a374ecf6 | Budget Overrun Risk Project costs trending 15% over budget due to scope creep | financial | high | high | in progress | Project Manager | |
| 22f0b5e5-79a6-446e-9f00-e2af508dd75b | Third-Party API Deprecation Critical third-party API scheduled for deprecation during migration window | technical | medium | high | open | API Team Lead | |
| 4bb7e6db-16ac-457b-8aac-e42641b11cc1 | Intellectual Property Concerns Data migration may expose sensitive IP to third-party contractors | compliance | medium | very high | open | Legal Team | |
| 6588d380-8131-4394-bebd-6663815b665b | Extended TSA Dependency Inability to exit TSAs on schedule may result in extended costs and delayed operational independence. | timeline | high | high | in progress | Transition Manager | |
| c4eb5ca3-2b71-439f-b662-3fa405e1ee96 | Legacy System Integration Failure Critical APIs from legacy ERP system may not integrate properly with new infrastructure, causing data synchronization issues and business disruption. | technical | critical | very high | open | Technical Architecture Team | |
| 0225d35b-0945-42cc-99b1-10847bc03ee3 | Data Migration Corruption Risk Large-scale data migration from multiple source systems poses risk of data corruption, loss, or inconsistency affecting business operations. | technical | high | very high | in progress | Data Migration Lead | |
| 3ad7be01-d0e0-4ca0-8c5f-a0cda85d2f49 | Network Bandwidth Constraints Insufficient network bandwidth between carved-out entity and parent company may impact TSA service delivery and business continuity. | technical | high | high | open | Network Operations | |
| 502ae85f-7a62-4095-b292-c5d3fdaacdaf | Cybersecurity Vulnerabilities Separation of IT systems creates new security perimeter with potential vulnerabilities during transition period. | technical | high | very high | in progress | CISO Office | |
| e7efe626-b5fd-44e8-921d-f2e9f856ef16 | Key Personnel Departure Critical IT and business personnel may leave during carve-out transition, resulting in knowledge loss and operational disruption. | operational | high | high | open | HR Director | |
| 8d56fc55-5bc9-43ff-89eb-98e64c26c1e7 | TSA Service Disruption Transitional Service Agreements may not cover all required services or service levels may degrade during transition period. | operational | medium | high | in progress | Operations Manager | |
| 7b150a84-cde3-45e1-8735-76537bbe1e66 | Business Process Gaps Carved-out entity may lack complete end-to-end business processes currently provided by parent company shared services. | operational | medium | medium | open | Business Process Owner | |
| 1b0b3770-dfec-4613-83c7-a38c3182cf37 | Cost Overrun on IT Separation IT separation costs may significantly exceed budget due to unforeseen technical complexities and extended timelines. | financial | critical | very high | open | CFO | |
| a09e9d05-9326-4468-83e1-f9aeac68b1d5 | TSA Cost Escalation Transitional service costs may increase beyond agreed rates due to scope creep or extended service periods. | financial | high | high | in progress | Finance Director | |
| 7899f29f-2951-4328-9055-0444529b0bf7 | Revenue Impact During Transition Business disruption during carve-out may impact revenue generation and customer satisfaction. | financial | high | very high | open | Chief Revenue Officer | |
| 0f658c0f-aec9-4962-ae4f-400e0db49e43 | Regulatory Compliance Gaps Carved-out entity may not meet all regulatory requirements independently, particularly for data privacy and industry-specific regulations. | compliance | critical | very high | in progress | Chief Compliance Officer | |
| 57d40cf0-1f08-4c64-8829-20aee0440b58 | Data Privacy Violations Data separation and migration activities may inadvertently violate GDPR, CCPA, or other data privacy regulations. | compliance | high | very high | in progress | Data Protection Officer | |
| 8c4e6e8e-1f2a-4652-ac3c-2fc34eb0daa3 | Contract Assignment Failures Critical vendor contracts may not be assignable to carved-out entity, requiring renegotiation or replacement. | compliance | medium | medium | open | Legal Counsel | |
| c35c96b3-286c-47f1-99e3-91705cecad14 | Delayed Day 1 Readiness Critical systems and processes may not be ready by target separation date, forcing delay or operating with gaps. | timeline | critical | very high | open | Program Director | |
| 3d17842f-3ef7-4e18-a579-ff3b24d52634 | Testing Phase Compression Insufficient time for UAT and performance testing. | timeline | high | very high | open | QA Manager | |
| d57bb714-0569-49cc-979c-270514bdec89 | Critical Path Delays Infrastructure delays blocking application deployment. | timeline | critical | very high | in progress | Program Manager | |
| 2e6fb558-5a2e-4a2c-9ae4-f0a08dc06e19 | Regulatory Changes Pending regulatory changes may require system modifications. | compliance | medium | high | open | Compliance Manager | |
| 4735de76-53f2-45ba-8937-25507599c0d9 | Audit Trail Gaps Insufficient audit logging for regulatory requirements. | compliance | high | high | open | Compliance Officer | |
| 8050a717-648d-4362-a073-af25af33a44e | GDPR Compliance Gaps System may not fully comply with GDPR requirements. | compliance | critical | very high | in progress | Legal Counsel | |
| 00dd2155-0849-4474-852f-769c5c5e431f | Currency Fluctuations International payments exposed to currency volatility. | financial | medium | medium | open | Finance Director | |
| 0a1a8f81-4305-4e11-a033-fce00de0d9bf | Vendor Price Increases Cloud provider announced 15% price increase. | financial | high | high | in progress | Procurement Manager | |
| 10c40b12-6ed1-403a-b06c-0fa02c7a6e66 | Budget Overrun Uncontrolled scope changes may cause budget overrun. | financial | critical | very high | open | Project Manager | |
| 1a8ccbe3-a5c2-47f6-aece-fb0805d59b73 | Inadequate Change Management Lack of structured change management process. | operational | medium | high | in progress | Change Manager | |
| f7b167a6-3123-4dd8-9b6f-f989b04f6d7d | Key Personnel Turnover Loss of critical team members with specialized knowledge. | operational | high | very high | open | HR Manager | |
| 8d588ed9-f685-4ae4-9dd7-ac0487251261 | Insufficient User Training End users may not be adequately trained on new system. | operational | high | high | open | Training Manager | |
| 4156cdbb-15a9-4ce2-bb4a-ec622dfc5132 | Security Vulnerability Critical security vulnerability in authentication library. | technical | critical | very high | in progress | Security Team | |
| 3592631c-487d-4a85-acc8-5826d86ed052 | Network Bandwidth Constraints Insufficient network bandwidth may cause replication delays. | technical | medium | high | open | Network Team | |
| af7e813b-3eef-4117-b0b2-99f5267657e9 | Database Performance Issues New cloud database may experience performance issues under production load. | technical | high | high | in progress | Database Admin | |
| 7bfcc6d2-c548-4c2a-8338-e5e32faeca5c | Legacy System Integration Failure Critical APIs from legacy ERP system may not support required data formats. | technical | critical | very high | open | Technical Lead |