NetSuite erp Risk Matrix

Fill in the risks associated with using NetSuite in a business organisation with the description of risks, strategies for mitigation and the contingency plans.
Risk Matrix

Area of Risk

Description

Probability of Occurrence

Impact
of Occurrence

Strategy for Mitigation

Contingency Plan

Strategic

Business

Feasibility

Capability to Manage Investment

Organization and Change Management

Dependencies and Interoperability

Security

Surety (Asset Protection)

Privacy

Project Resources

Schedule

InitialCost

Life Cycle Cost

Technical Obsolescence

Technology Environment

Reliability of Systems

Data and Information

Overall Risk of Investment Failure

Write a brief summary that points out the most significant risks and what the stakeholder(s) must do to manage and/or mitigate them
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