risk managent

User Generated

naqvr2216

Computer Science

Description

need to submit the final risk assessment plan for provided risk managent template . I will provide you the filled spreadsheet and just need to provide me a final plan as in a report format .

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Explanation & Answer

Attached.

Surname: 1

Project Name

Real Estate Management System

Prepared by

Kailash Dhital

Organization:

Everest Limited

Date

22nd November 2017

Supervisor

Govinda Sapkota

1. INTRODUCTION
1.1 Project Description
The project will involve developing an application, which will allow customers to search
for real estate properties that are posted by the company and freelance real estate agents. The
system will be accessible on Android, iOS, and Windows smartphones so as to increase inclusion
among the target customers.

1.2 Purpose/project Driverless
The project will develop an iOS, Windows and android mobile application, which customers
can download, register, and search for all types of real estate properties. It will create an iOS,
Windows and Android mobile application which real estate agents can download register and
start posting real estate properties. Thirdly, it will produce a web based backend system with

Surname: 2
various administrative functionalities together with reports access for the company. Finally, full
documentation of the process that was followed in the project lifecycle will be produced.

1.3 Benefits
The project is meant to will ensure that the company has a wide reach of customers in all
parts of the country hence increasing business revenues. In addition, it will make it possible for
the company to expand their portfolio of properties by allowing freelance agents to post their
properties. It will also ensure that customers can access a variety of properties on their mobile
phones and automate customer support process hence increasing customers’ loyalty.
1.4 Resources to be used
The project will employ numerous resources. These will include Laptops, Smartphones,
desktop computers, and printers. It will also employ various personnel including a project
manager who will manage the entire project, an IT team that will handle matters concerning
information technology, Designers who will be designing that application, system analysts to
analyze the new system.
1.5 Budget
The project will cost $250,000. Such a budget will cater for purchasing of resources, their
maintenance, as well as personnel compensation.
1.6 Estimated Duration
The project will take four days in total. It will kick off on 25th November 2017. It is expected to end
on28th November 2017.
2. RISK REGISTER

It is expected that certain events might occur and if they do, they will affect the project either
positively or negatively. Risk is the measure of the lack of capacity to obtain the goals of the

Surname: 3
project within the defined project constraints and requirements. Two components are used in
measuring the risk in this project. These include the impact of the risk if it occurs and the
likelihood of occurrence. The outcome of these two components will determine the score given
to each risk.
The table below classifies risks into respective categories, describes them, their cause,
consequence, impact on the program, probability of occurrence, and the scores awarded.

Risk Category

Risk
Description

Risk Cause

Risk
Consequence

Impact

Likelihood

Rating

Communication

Poor
communication
within the
project team
members

Lack of
communication
plan

...


Anonymous
Just the thing I needed, saved me a lot of time.

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