To effectively manage risks during a go-live, it's essential to have a back-out plan and mitigation plan for unforeseen circumstances. This includes:

Back-out Plan: A detailed procedure for reverting to the previous system or version if the go-live encounters critical issues.

Mitigation Plans: Prepared responses for anticipated risks (e.g., data migration errors, performance issues, user resistance). These plans outline steps to address these risks if they occur.

Risk Assessment: A thorough risk assessment should be conducted before the go-live to identify potential risks and their likelihood.

Why not the other options?

A. A list of key performance metrics to track the performance: While performance monitoring is important, it's not the primary element for managing risks.

C. A detailed communication plan for all stakeholders: Communication is crucial, but it's a separate component of the go-live plan.

D. A schedule for user training and support sessions: User training and support are important but not directly related to risk management.