Difference between revisions of "Network Analysis of Interlocking Directorates/Project Management/Risk Assessment"

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==<font face="Corbel"  color= #688e23 font-weight: bold size=5%>Risk Assessment Table==
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{| class="wikitable" style="margin: 1em auto 1em auto; text-align: center"
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| align="center" style="background:#688e23; color:#ffffff"|'''S/N'''
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| align="center" style="background:#688e23; color:#ffffff"|'''Risk Statement'''
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| align="center" style="background:#688e23; color:#ffffff"|'''Type of risk'''
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| align="center" style="background:#688e23; color:#ffffff"|'''Likelihood (H/M/L)'''
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| align="center" style="background:#688e23; color:#ffffff"|'''Impact (H/M/L)'''
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| align="center" style="background:#688e23; color:#ffffff"|'''Risk Rating'''
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| align="center" style="background:#688e23; color:#ffffff"|'''Mitigation strategy/ Contingency Plan'''
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|-
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| 1||Lack of knowledge regarding corporate structure||Non-Technical||Medium||Medium||Medium
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||
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*Refer to research papers for previous research hypothesis & results.
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*Regular consultation to clarify if there is any doubt.
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|-
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|-
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| 2||Limitation on Data Extraction||Technical ||Medium||Medium||Medium||*Test different ways of doing it, and develop an iterative method to acquire data.
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|-
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| 3||Team is unfaimiliar with R-programming||Technical ||Medium||High||bgcolor=#f08080|High
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||
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*More research and learning should be done and shared within the team.
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*If necessary, re-confirm the priority and revise project plan to get more time learning before applying the technology.
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|-
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| 4||The network data may not be completed||Technical||High||High||bgcolor=#f08080|High
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||
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*Gather suitable data with appropriate size.
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*Iterative methodology of gathering data stages.
 +
*Use different algorithm and decide the most appropriate method to acquire data and organise accordingly.| 4||Schedule. Team members are busy with school work.||External ||Medium||Medium||bgcolor=#fffacd|Moderate|
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|Plan ahead and make sure that all team members are comfortable with the work load and free to meet on the dates scheduled.
 +
|-
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| 5||The network data may not be completed||Technical||High||High ||bgcolor=#f08080|High
 +
||
 +
*Gather suitable data with appropriate size.
 +
*Iterative methodology of gathering data stages.
 +
*Use different algorithm and decide the most appropriate method to acquire data and organise accordingly.
 +
|-
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Revision as of 21:13, 23 January 2015

Home Project Overview Findings & Insights Project Management Project Documentation Learning Outcomes


Project Plan Metrics Risk Assessment


Risk Assessment Table

S/N Risk Statement Type of risk Likelihood (H/M/L) Impact (H/M/L) Risk Rating Mitigation strategy/ Contingency Plan
1 Lack of knowledge regarding corporate structure Non-Technical Medium Medium Medium
  • Refer to research papers for previous research hypothesis & results.
  • Regular consultation to clarify if there is any doubt.
2 Limitation on Data Extraction Technical Medium Medium Medium *Test different ways of doing it, and develop an iterative method to acquire data.
3 Team is unfaimiliar with R-programming Technical Medium High High
  • More research and learning should be done and shared within the team.
  • If necessary, re-confirm the priority and revise project plan to get more time learning before applying the technology.
4 The network data may not be completed Technical High High High
  • Gather suitable data with appropriate size.
  • Iterative methodology of gathering data stages.
  • Use different algorithm and decide the most appropriate method to acquire data and organise accordingly.| 4||Schedule. Team members are busy with school work.||External ||Medium||Medium||bgcolor=#fffacd|Moderate|
 Plan ahead and make sure that all team members are comfortable with the work load and free to meet on the dates scheduled.
5 The network data may not be completed Technical High High High
  • Gather suitable data with appropriate size.
  • Iterative methodology of gathering data stages.
  • Use different algorithm and decide the most appropriate method to acquire data and organise accordingly.

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