Section: 10 of 23
Step 7: Identify risk factors for the collaboration
Make a list with partners of potential risks to the collaboration
Consider:
- What risks might be involved in setting up and starting the collaborative partnership?
- What risks might be involved in organizing the partnership?
- What risks might be involved in meeting the timelines for the collaboration?
- What risks might be involved in meeting the objectives of the collaboration?
- What risks might be involved in not having all the resources/funding needed to manage the partnership?
- Are there any liability issues (insurance, collective agreements, funding obligations, legal situations, confidentiality requirements, intellectual property)?
- Are there any other risks to consider?
Be proactive in developing strategies to deal with the risks
Consider:
- Have the partners concurred on methods to deal with the risks (accepting, transferring, mitigating or eliminating the risk)?
- Have specific steps been decided upon to address these risks?
