Question: 1. Are there any risks that have been ignored by the project team? 2. What advice would you give the CIO and his team on

1. Are there any risks that have been ignored by the project team?
2. What advice would you give the CIO and his team on risk management?
3. Is the confidence of the CIO good for this project? Why or why not?
289 Chapter 6 Risk Management The project team did not develop any qualita- tive or quantitative assessment like the FMEA or a probability and impact matrix. Organizational Risks Lack of support from upper management, changes in the environment, and organi- zational instability are the main risk factors in this cat- egory. MHSB is a very stable organization with upper management supporting all the projects to success. Strategic and Political Risks Unreliable external part- ners, political gimmicks, and misalignment of the objectives of partners are risks posed in this cate- gory. These risks have been either mitigated or non- existent in this organization. Case Questions 1. Are there any risks tha have been ignored by the project team? 2. What advice would you give the CIO and his team on risk management? 3. Is the confidence of the CIO good for this project? Why or why not? 289 Chapter 6 Risk Management The project team did not develop any qualita- tive or quantitative assessment like the FMEA or a probability and impact matrix. Organizational Risks Lack of support from upper management, changes in the environment, and organi- zational instability are the main risk factors in this cat- egory. MHSB is a very stable organization with upper management supporting all the projects to success. Strategic and Political Risks Unreliable external part- ners, political gimmicks, and misalignment of the objectives of partners are risks posed in this cate- gory. These risks have been either mitigated or non- existent in this organization. Case Questions 1. Are there any risks tha have been ignored by the project team? 2. What advice would you give the CIO and his team on risk management? 3. Is the confidence of the CIO good for this project? Why or why notStep by Step Solution
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