choose topic please

timer Asked: Mar 23rd, 2018
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Question description

Review the scenario and the addenda items detailed below. Each of these items presents risks to the project.

  • The network infrastructure is problematic in certain areas of the state, meaning that the existing infrastructure may not support the deployment of the e-mail system in all necessary areas.
  • Several of the vendors have offered to develop specialized e-mail address books and templates for the state users, if their product is selected.
  • In the resource planning stage of the effort, you've identified that the project lacks two network engineers and a business analyst who would be responsible for project documentation.
  • The existing budget plan does not cover the anticipated 20% increase in licensing for one of the key candidate products under consideration (Globalcom).
  • All the products under consideration for purchase offer more substantial discounts for more users. The statewide Ohio Department of Taxation is considering adopting one of these e-mail systems, as well.
  1. Determine if each of these five items present a negative risk or positive opportunity to the project.
  2. Next, identify a strategy for managing the risk and defend your choice. In your explanation, postulate the risk probability as high, medium, or low and assess the impact as low, moderate, or severe. Here are the risk management strategy options:
    • avoid, transfer, mitigate (negative risk strategies)
    • exploit, share, enhance (positive opportunities)
    • accept or plan contingency (both negative risk and positive opportunities)
  3. Finally, using Web Resources or other links, identify software, project management tools, or diagramming techniques that can be used by the project team to help manage risk. One method of research is to enter the term "risk analysis software" or "risk analysis tools" into a search engine and access the links that apply. For software applications, the most appropriate tools are the ones that interface with Microsoft Project, include Pert diagramming techniques, and/or provide a cost-benefit and analysis feature as well.

Tutor Answer

School: Purdue University


Surname 1
Managing Projects Risks
A project risk is an uncertain condition which has effects due to its occurrence Due to the
problematic network infrastructure; it may not be possible to support the deployment of email
systems in all necessary areas. This will present a positive risk to the project. This is because
plans may be put in place so that the vendor who will be awarded the tender will have to ensure
all departments and areas are deployed with the email system for effective communication and
information transfer. It will also be a positive risk as it will open up unseen opportunities. The
probability of the risk will be low as the use of advanced systems will ensure the risk is
mitigated, however, the impact of the risk may be severe (Robertson, 2016, 10). An email system
is essential for efficient transfer of confidential state information. When there is problematic
network infrastructure which affects the deployment of email system to all areas, then the
consequences may be severe. The strategy which will be implemented in managing the risk will
be exploitation, sharing and enhancement method (Iverson, 2013, 56). Through exploitation,
everything will be put in place to ensure there in an increased probability of the occurrence of the
risk. The risk will also be shared by different departments through collaborations to ensure the
risk is extensively exploited. Enhancement of the risk will be through identification of the root
cause which was problematic network infrastructure that will ensure the vendors selected for the
project put in place an infrastructure which will be effective with minimal failures.

Surname 2
Some vendors have offered to develop sp...

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