Creating a list of risk is a good starting point, however, it is not enough on itself. You also need an action plan for each risk in order to be able to manage them effectively.
We learned about the standard way to manage risk in this weeks lecture:
Avoidance
Mitigation
Acceptance
Transference
Which option would you choose for low severity and for high severity of risk?
Which option do you think do not reduce the risk level out of these four and when would you use it?