1. Do a risk management plan: list of risks involved, level of the risk, the likelihood of the risks of occurring, management plan, who is responsible for what, the implications/consequences to the system/business. Can be done in a table.
2. Discuss in detail the recommendations/controls that should be put in place for the project to be successful. Can be discussed in terms of system, data, people, etc. Should not be too brief.
Background of task is attached