Question: You are the project manager for a new e - commerce platform development project. During the planning phase, the following potential risks were identified: Delays
You are the project manager for a new ecommerce platform development project. During the planning phase, the following potential risks were identified:
Delays in vendor delivery of critical components.
Data breaches during user data migration.
A key team member leaving the project unexpectedly.
Scope creep due to unclear client requirements.
Answer these questions:
Identify and explain two additional risks specific to this project that could impact on its success.
For each risk including the two additional ones you identified assess its likelihood low medium, high and impact low medium, high Create a risk matrix to represent this assessment visually.
For each identified risk, propose a suitable response strategy avoid transfer, mitigate, or accept Provide justification for your choice and explain how it will be implemented.
Suggest methods and tools you would use to monitor and control risks throughout the project lifecycle.
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