I will give you an example of our mobile application to explain how to manage the risks of a small time-limited project. After all, if there is a possibility for the risk to come to life, it is more likely to happen.
Initial data: terms for the development of the application - 3 months or 100 days, there is a design, a database is ready and BACK as well, the only FRONT is needed.
Excellent baseline and timing for MVP. What could have gone wrong? Everything!