Risk Management

Risk Identified Probablility Impact

Non-Payment by the client Low High

Unavailability of resources recommended by the client Medium Low

Unfavourable price rise by vendors Medium Low

Cancellation of wedding due to unforeseen

circumstances Very Low Medium

Unavailability of location Medium High

Seasonal issues (Vagaries of weather) Low Medium

Natural Calamities Very Low High

Human Resources Skill Sets

Negotiating Skills /
Communicaton /
Irfan - Sub-contractor / Vendor manager Networking
Nishant - Logistics manager Analytics
Jacqueline - Interior decorater / Wedding Planner Creative
Kruttika - General Manager Interpersonal
Rahul - Wedding Planner Analytics
Tanya - Communication executive Communication
Communication

In order to keep the stakeholders updated with the

wedding preparation, a weekly meeting would be held
at our premises. The customers would be informed
about the progress of the project. Outstanding issues
of the customers and the vendors would be addressed
in the meeting.
Priorities and expected completion dates would be
tagged with issues discussed to ensure timely closure.
The manager would be handling the weekly meetings.
 Quality
Eco friendly theme should be provided with high
quality products
Authentic Oriya food of the location to be taken care
Hygiene, cleanliness
of
Emergency services will be provided
Well groomed service personnel
High quality entertainment
Procurement
Criteria for sub-contractors selection: Based on
testimonials
Contractual obligations with sub-contractors to ensure
high quality service and proper implementation
schedule
The following contractors will be required to plan the
wedding.
beautician
jazz band
interior designer
florist
photographer/videographer
Travel Agent
Chef and Maharajas
Risk Mitigation Plan Risk Mitigator
Reduce Services Wedding Planners
Arrange alternative
resources Wedding Planners
Negotiate. Look for
alternative vendors. Wedding Planners

Wait for futher

instruction. If possible
reschedule. If not, part
payment. Wedding Planners
Negotiate for
alternative locations. Wedding Planners
Negotiate for
alternative venues. Wedding Planners
Get hold of insurance
cover. Wedding Planners