Project Risk Management then review the material below and follow the instructions Assignment Overview: You will create a Project
Project Risk Management then review the material below and follow the instructions
Assignment Overview:
You will create a Project Risk Register using the provided
Risk Register template Download Risk Register template
for an IT infrastructure project. This assignment is a true Exercise and the project is not associated with or based on Case Study material in the textbook, but on the following scenario:
Your IT consulting firm (NetScan, LLC) was contracted to install the IT infrastructure (cabling, servers, workstations, wireless APs, other hardware, software, network equipment, and internet connectivity) in a new, 20,000 sq. ft. building for Blue Suit Consulting. The initial build-out includes 15 offices and a data center on a single floor with the building being ready to start the installation 4 months from now. Your CIO budgeted $32,000.00 for the project and expects completion in 3 months.
Your Assignment: As a team, develop an initial Risk Register for this project.
As you have learned in the preceding weeks, there are many aspects of managing a project, and risks can arise in any of them. For this assignment, it is recommended that each team member focus on identifying events that could occur that would impact one of these aspects:
Schedule – you have two target dates in the above description Budget - how far does $32,000 go? (Note: your project is only to INSTALL the infrastructure, your client, Blue Suit Consulting, will pay for the equipment and materials) Staffing – you will need a team. What can go wrong? Stakeholder Management – you have a client to keep happy… Communication Management – Where are the risks to your communication plan? Procurement – Blue Suit is paying, but what can go wrong in the purchasing process? Quality – what events or factors can result in unacceptable quality? Integration – all of the above need to integrate and stay in synch.
****Just need to fill out risk factor in a project in above provided template with an example provided. You must find at least 15 risk factors and solutions of project explained above****
Sheet1
| Risk ID | Description | Impact on Project | Identified By | Probability | Impact | Risk Score | Response Type | Response Strategy | Owner | Date Last Reviewed | Assumptions | |||||
| R1 | No Network Architect is available for the next month | Network design cannot commence without an architect, which will delay project start | Jim | High | Medium | 2 | Mitigate | The Network Engineer can begin preliminary design. Network Architect can review periodically for general feedback | Assumes the Network Architect can find small blocks of time to do high level review. | Accept | ||||||
| R2 | Building construction could be delayed, pushing back our start date | If the delay is long, team members might get assigned to other projects. | Jim | Medium | Medium | 3 | Transfer | Include a clause in the contract stipulating that Blue Suit will pay for staff time beginning on the planned start date, even if work cannot commence. | Assuming we decided on a DJ as the music provider instead of a band. | Transfer | ||||||
| Avoid | ||||||||||||||||
| Mitigate | ||||||||||||||||
Sheet2
Sheet3
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