Risk Management (RMM plan)

 

Risks

Category

Impact

RMMM

Change of Requirements

Project Risk

Critical

The system must be designed using an Object Oriented approach so that it is modifiable with less effort; in the sense that new objects and/or ADTs may be added and/or removed to suit the new requirements of the system.

Staff turnover

Project risk

Catastrophic

Make sure the knowledge/details of the activities done by a staff is spread to others also so that others may continue if one leaves. Work must be well documented to make the transfer of control easy. Every possible effort like counseling must be done to stop staff turnover.

End users resist the system that has been designed

Business risk

Critical

The system has to be designed after taking into considering both the functional and non functional requirements into consideration. The System has to be designed to be as user friendly as possible so that the system that's being designed is easily acceptable to the user.

Funding

Project Risk

None

This system is not being designed with support in the form of funding. So lack of funding does not affect the system.

Deadline of the project may be tightened

Business Risk

Critical

If dead line is tightened make the best possible effort to make the deliverable by making employees work overtime. Adding new employees may not help to speedup the project..

Larger number of users than planned

Product risk

Marginal

Make sure that the design is enhance able to the meet the growing needs.

Available Technology does not meet expectations

Technical Risk

Catastrophic

Look out for the one supporting the maximum necessary functionalities and try to simulate the other requirements using the available functionality. By selecting a functionally superior language like JAVA we can make sure that most of the required functionalities are met with.