Assess Risks Sample Clauses

Assess Risks. We evaluated the likelihood and impact of each risk by analyzing historical data extracted from Iveco database, to estimate the frequency of delivery delays and fluctuations in lo- gistics costs. We Conducted qualitative assessments to estimate the potential for contract disputes and reputational harm from service failures. It wasn’t feasible to quantify risks by calculating measurable impacts, as there wasn’t a proven correlation between cause and effects in cases such as the financial loss incurred from order variation affecting production sched- ules. Delivery Delays High Medium High Payment Disputes Medium High Medium Natural Disasters Low High Medium Strategic Risks Medium High High Technological Risks Low Medium Medium