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Methodology, Risks and Drivers Load Forecasting Methodology AESO 2024 LongTerm OutlookCONFIDENTIAL DRAFTMAY 2024Table of ContentsOverview ................................................................................................................................................................. 1 Load Forecasting Methodology ............................................................................................................................... 1 Alberta Gross Domestic Product
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How to fill out methodology risks and drivers

01
Identify the key methodologies relevant to your project.
02
List potential risks associated with each methodology.
03
Analyze the impact of each risk on the project's success.
04
Determine the drivers that may influence these risks.
05
Prioritize the risks based on likelihood and impact.
06
Develop mitigation strategies for each identified risk.
07
Document your findings and strategies in a clear format.

Who needs methodology risks and drivers?

01
Project managers who oversee project execution.
02
Stakeholders who wish to understand potential project risks.
03
Risk management teams who assess and manage risks.
04
Compliance teams ensuring methodologies are followed.
05
Business analysts who analyze project impacts.
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Methodology risks and drivers refer to the potential uncertainties and factors that can affect the outcome of a particular methodology or approach used in a project or study. These include various risks that might impact the effectiveness of the methodology, as well as the underlying drivers that can influence its success.
Typically, individuals or entities involved in research, project management, or regulatory compliance are required to file methodology risks and drivers. This can include researchers, project managers, and organizations that need to assess and report potential risks associated with their methodologies.
Filling out methodology risks and drivers involves identifying potential risks, providing a description of each risk, assessing their likelihood and impact, and identifying mitigation strategies. Clear documentation and adherence to any specified guidelines are necessary during this process.
The purpose of methodology risks and drivers is to assess and document the risks associated with a given methodology, enabling better planning and decision-making. This helps organizations to identify areas of concern and develop strategies to mitigate potential impacts on project outcomes.
The information that must be reported includes a detailed description of identified risks, the likelihood of these risks occurring, their potential impact, the strategies for mitigation, and any relevant data that supports the assessment of these risks.
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