Project risk assessment | Human Resource Management homework help

Imagine that you have been asked to participate as a project manager for a website renovation project for a clothing department store. The Website will be mobile-user friendly and will target global customers to expand business overseas. The scope requires your project team to decompose the project into the following phases: design a sample Website, attain consensus on the design from upper management, develop the Website, test the Website functionality, and transition Web services to the new Website. A project of this magnitude carries many risks. For instance, the marketing department has a habit of adding requirements and requesting features toward the end of the project.

System network administrators have expressed their concerns for cyberattacks and other cyberthreats that are prevalent across the industry. The IT Operations team also has provided feedback and is worried about having enough bandwidth for the additional global visitors who will now be accessing the Website.   

For this assignment, you will be expected to develop a risk management plan and assist in coordinating communications amongst the project stakeholders. 

Write a three to five (3-5) page paper in which you:

  1. Develop a risk assessment using the table format below to:
  • Select at least two (2) risks that could take place for each phase of the project which includes:
    • Designing a sample Website
    • Attaining consensus on the design from upper management
    • Developing the Website
    • Testing the Website functionality
    • Transitioning Web services to the new Website
  • Identify a risk owner and his / her role in the project.
  • Describe a strategy for managing each risk.
  • Describe the response to the risk. 
  • Identify the resources that would be required to provide a risk response plan.

Note: Document the risk assessment by using the following table format.

Risk Management Plan

Risk

Category

Risk

Owner / Role

Strategy for Managing Risk

Response

Resources Required

Designing a sample Website

 

 

 

 

 

 

 

 

 

 

Attaining consensus on the design from upper management

 

 

 

 

 

 

 

 

 

 

Developing the Website

 

 

 

 

 

 

 

 

 

 

Testing the Website functionality

 

 

 

 

 

 

 

 

 

 

Transitioning Web services to the new Website

 

 

 

 

 

 

 

 

 

 

Consider the following communication requirements:

The project manager will need to present the project status to executive management on a weekly basis. The project manager will need to provide a written status report to the Chief Financial Officer on a monthly basis. 







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