Question: The purpose of this assignment is to analyze project risks. Consider the specifics of the Global Treps project and common sources of IT project risk.
The purpose of this assignment is to analyze project risks. Consider the specifics of the Global Treps project and common sources of IT project risk. Review the "Risk Register" section of Chapter 11 in the textbook. For this assignment, read the "Running Case" in Chapter 11 of the textbook and complete the following.
Complete the blank portions of the "Global Treps Project Risk Register Template" to identify residual and secondary risks associated with the project.
Running Case: You and your team identified some risks during the first week of the Global Treps Project. However, you never ranked the risks or developed any response strategies. Because several negative risk events have already occurred (such as Ashok breaking his wrist and poor communications with a key stakeholder in Ethiopia, as described in Chapter 10), you have decided to be more proactive in managing risks. You also want to address positive risks as well as negative risks.
Risk Register No. |Risk Description Category Root Cause Triggers Potential Responses Risk Owner Probability Impact Reason for Impact Status (select from Microsoft (High, Med, Low) | Assessment Assessment Selection Project Resource Sheet) (High, Med, Low) R1 |Project Team May not get functional Planning Not enough Poor lateral Medium Open Selection management support for coordination with |communication project team member functional assignments to the project management R2 [Senior May not get senior Planning Not enough Poor upward Low Open management management buy-in on coordination with |communication Approval of Plans |other plans senior management R3 [Server owner May not be able to Executing-Web Site |Not enough Inadequate supplier Medium Open requirements accurately define server |Concept technical support definition requirements due to documentation implementation of new available from technologies server hardware suppliers R4 |Registration for |May not be able to Executing-Web Site |Programmer/ Increased Low Open classes and accurately design Design Analyst unfamiliar |Programmer/Analyst programs design ["Registration for classes with algorithm anxiety undefined and programs\" modules due to complex algorithm requirements R5 |"Develop "Develop registration for |Executing-Web Site |Programmer/ Delay in completing High Open registration for classes and programs\" Development Analyst unfamiliar ~ |code walkthroughs classes and code completion may be with algorithm programs" code delayed incomplete R6 | Verification Testing |Verification Testing Executing-Web Site |Code Test Plans High Open delayed delayed due to errors in | Development incompatibilities unapproved Icode regression testing R7 |Uncooperative Users may not cooperate |Executing-Roll Out |No plan for conflict |Poor team dynamics Low Open Users and be difficult during management training R8 [Support process |May be challenges defining | Executing-Support |Support team New intranet Medium Open definition the technical support unfamiliar with new |software products processes software product line causing anxiety with field support personnel iy R8 |Support process | May be challenges defining |[Executing-Support |Support team New intranet definition the technical support unfamiliar with new |software products processes software product [causing anxiety with line field support personnel R9 |Customer not Customer may refuseto |Controlling Lack of Customer not willing to hold hold formal customer communication from|communicating formal customer |review due to unavailability Customer and/or not review or product issues committing to "formal customer review" date R10 |Customer not Customer may refuse to |Closing Lack of Customer not willing to hear final presentation hear final presentation due to unavailability or product issues communication from Customer communicating and/or not committing to "final presentation\" date Open Open
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