ANLY482 AY1516 G1 Team Skulptors - Risk Management

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DATA ANALYSIS new!

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Risk Management

Team Reflectionnew!

Risk Metric

Impact / Likelihood	Low	Medium	High
High	B	A	A
Medium	C	B	A
Low	C	C	B

Risk Assessment

Risk Type & Description	Consequences	Likelihood	Impact	Level	Mitigation
Technical Risk Steep learning curve as team are unfamiliar with D3.JS and JMP.	Project may be delayed due to: Incorrect time estimation. Longer time needed to familiarize with D3.JS and JMP.	High	High	A	Start exploration of D3.JS and JMP. Seek help from seniors who have experience with D3.JS and JMP to expedite learning.
Technical Risk Team members have not taken IS428 - Visual Analytics for Business Intelligence (VA) module.	Team may be unsure of the best practices of information graphics to present data in the language of graphics effectively, clearly and eloquently.	High	Medium	A	Obtain and view past VA projects from its wiki page to have an overview of how data are displayed effectively. Seek help from peers who have taken VA.
Client Management Risk Client may be making frequent changes to the project scope.	Project may be delayed due to frequent readjustment of project scope and expectation may lead to an over-run in project.	Medium	Medium	B	Team to schedule regular meetings with clients to keep up to date with latest information.
Project Management Risk There are certain features such as warehouse utilization tool, which the team are unsure of the time needed to complete it.	Project may be delayed due to incorrect estimation of time can lead to the feature not being completed on time.	Medium	Medium	B	Team lead to ensure regular meetings to gather feedback from all members on the project’s progress. Team to ask client’s technical team on tips to approach such unfamiliar feature.