Communication is a critical element of senior stakeholder management, especially when it comes to risks and opportunities. Risks are unpredictable events or conditions that could have a negative effect on your project, while opportunities are unpredictable events or conditions that could have a positive effect. It is essential to communicate both risks and opportunities to your senior stakeholders in a clear, concise, and timely manner, using the right channels and tools. To do so, you should first identify and prioritize the relevant, significant, or urgent risks and opportunities according to their probability and impact. Then analyze the root causes, consequences, and implications of each risk and opportunity, as well as identify the possible responses or actions. Additionally, create a risk and opportunity register or dashboard to document and track the status, ownership, and progress of each risk and opportunity. Finally, communicate the risk and opportunity register or dashboard to your senior stakeholders with visual aids to highlight key information and trends. Make sure to discuss the register with them too, explaining the rationale, assumptions, and evidence behind each risk and opportunity as well as seeking their feedback, input, or approval on proposed responses or actions.