Apply: Summative Assessment: Risk Management and Mitigation Planning

You are the new IT Project Manager for the organization you chose in Week 2, and the CIO needs a risk assessment for migrating from SQL Server 2008 r2® database to SQL Server 2016. The migration will lead to the expansion of the cloud datacenters worldwide. 

The CIO feels the risk is too high and wants you to develop an Information Guide Handout and Risk Information Sheet for upper management to describe the risks and management of the risks for the impending migration. 

Part A: 

Create a 1-page Information Guide Handout comparing risk management practices to use in the migration to present to upper management. Include the following: 

• How risk mitigation strategy planning       can reduce the likelihood or impact of risks 
• How often risks will be reviewed, the       process for review, and who will be involved 
• The roles and responsibilities for risk       management 
• Adequate references to support your       findings, information, and opinions 
• A recommendation for the best risk management       practice for this migration 

Part B: 

Using the structure shown below, create a 4- to 5-page Microsoft Excel Risk Information Sheet for at least 5 potential risks that might be encountered during the conversion. Ensure that at least 3 of the 5 risks you choose are project-management related. 

Risk Information Sheet 

• Risk Description 
• Probability 
• Impact 
• Rationale 
• Risk Mitigation  

Refer to the following guidelines: 

• The risk description should fully       describe the risk. 
• The probability is the likelihood which       that the risk will occur (i.e., low, medium, or high). 
• The impact is how the organization will       be affected if the risk does occur (i.e., low, medium, or high). 
• The rationale should explain the       reasons for your probability and impact assessments. 
• The mitigation strategy should explain       how each risk will be addressed. 
• There should be one risk information       sheet for each risk identified. 

Include APA-formatted citations to support your assignment.