Attachment 5-Risk Analysis.docx

DOCX document 26 KB Posted

Attached to
Digital Economy International Leadership Exchange Program, POL/ECON, U.S. Embassy Yaounde
Opportunity number
AFYDE-CPIF-DEILEP-GR-POLECON-2024
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About this file

This document is a risk analysis attachment provided as part of a federal grant opportunity. The purpose of the risk analysis is to identify internal and external risks associated with the proposed project, rate the likelihood and potential impact of those risks, and outline actions to mitigate them. The risk analysis should cover risks affecting project objectives, outcomes/outputs, the organization, and the safety/security of personnel. A suggested format is provided, which includes describing the risk, rating the likelihood and impact as high, medium, or low, and specifying risk mitigation plans/actions.

The federal grant opportunity is for the Digital Economy International Leadership Exchange Program, funded through the Department of State's Economic Support Funds (CFDA 19.989) and administered by the U.S. Embassy in Yaounde, Cameroon. The grant will provide funding for up to 10 Cameroonian government and business leaders to participate in a 10-day in-person international leadership exchange program on the digital economy. The grant award is contingent on the U.S. Embassy receiving the necessary funding by September 30, 2024.

Risk Analysis

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Attachment 1 - Budget Guidance and Template for New Awards (FY2021).xlsx XLSX spreadsheet
SF424B-V1.1.pdf PDF
SF424A-V1.0.pdf PDF
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Cameroon Digital Economy NOFO final.docx DOCX document

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Attachment 4: Risk Analysis

The purpose of the risk analysis is to identify the internal and external risks associated with the proposed project in the application, rate the likelihood of the risks, rate the potential impact of the risks on the project, and identify actions that could help mitigate the risks. The risk analysis should include gender-related risks, including, but not limited to, gender-based violence.

A risk analysis should not be considered a one-time exercise or a static document. Organizations should conduct adequate risk analysis and remediation for all its operations and advises that risk analysis and remediation occur throughout the life of a project and should result in revisions to risk analysis documents and processes as necessary.

A suggested format for a risk analysis document is below. Applicants should include all assumptions and external factors identified in the logic model in the risk analysis. Under “Description of Risk,” the risk analysis should address any risk of fraud and corruption, as well as assess the level of risk that the proposed program may inadvertently benefit terrorists or their supporters. Under “Likelihood of Risk” and “Potential Impact of Risk,” applicants should rate the as “High,” “Medium,” or “Low.” Additional lines can be included in the risk analysis table as necessary.

The safety and security of recipients and beneficiaries are of utmost importance. The Embassy requires all recipients to conduct thorough risk assessments and take all actions necessary in accordance with those assessments to mitigate those risks. The Embassy will not take responsibility for the risks incurred by any recipient.

Description of Risk
Likelihood of Risk
Potential Impact of Risk
Risk Mitigation Plans/Actions

Risks affecting realization of project objectives

Risks affecting realization of project outcomes/outputs

Risks affecting the organization

Risks affecting security and safety of personnel

File details come from the government source that posted it. Updated .