D7: Risk Assessment and Management Final Report

Deliverable D7 presents the comprehensive results of the risk assessment and management
activities conducted throughout the duration of the CODECO project, from month 1 to month
38. The report provides a consolidated overview of identified risks, their evolution over time,
mitigation actions implemented, and the overall effectiveness of the risk management
framework applied by the consortium.
This deliverable is submitted in Month 38, one month before the official project closure (M39).
The assessment reflects the consolidated risk status up to the date of submission. Based on
current monitoring, no critical risks are expected to materialise during the remaining project
period, which is primarily dedicated to administrative closure and final reporting activities.
From project start to M38, a structured and continuous risk management approach was
maintained across all work packages. Risks were systematically identified, assessed based
on likelihood and impact, prioritised, and monitored through an updated risk register. Regular
reviews ensured early detection of potential deviations and enabled the timely implementation
of corrective and preventive measures.
During the project lifecycle, most initially identified risks were successfully mitigated or reduced
to acceptable levels. Where risks materialised, corrective actions were implemented promptly,
minimising impact on technical progress, deliverables, timelines, and overall project
objectives. In addition, emerging risks identified during implementation were incorporated into
the risk register and managed through adaptive mitigation strategies.