managing risks and pinpointing the responsible party. The stages ofrisk analysis are defining the target, recognising hazards, assessingconsequences, calculating probabilities, assessing the total risk, andfinally, removing, reducing, and preventing the risk. The partiesinvolved in the implementation of the business concepts areassessed for their ability to take responsibility for the risk, and usually, the responsibility is given to the party that could handle itbest and to which it naturally belongs to. One possible approach forrisk evaluation is a risk matrix or checklist approach with listing allthe risks and then sharing these for stakeholders [11]. The detailedanalysis is very case sensitive and requires detailed informationabout the case.