#21: Risk Register / Budget & Cost Risks
Status: Monitoring
Due: Oct 30, 2027
Assignees: Felipe
Risk statement. Roughly 35% of vendor spend is contracted in EUR while the budget is held in USD. A 10% adverse move adds about $61k across the remaining contract term.
Trigger / early warning. EUR/USD moving more than 5% against the rate assumed at budget approval.
Consequence if realised. Moderate budget overrun, absorbable within contingency at current exposure levels.
Current response. Transfer. Forward contracts on the two largest EUR commitments; the remainder is accepted and monitored.
Risk ID:
Date Identified: Jun 20, 2027
Likelihood: 3 · Possible
Impact: 3 · Moderate
Response Strategy: Transfer
Risk Score: 9
Category: Budget & Cost
Risk Level: Medium (5-9)
R-03
Date Identified: Jun 20, 2027
Likelihood: 3 · Possible
Impact: 3 · Moderate
Response Strategy: Transfer
Risk Score: 9
Category: Budget & Cost
Risk Level: Medium (5-9)
Created by Vicky Aug 7, 2026, Edited Aug 7, 2026