Difference between revisions of "AY1516 T2 Team Skulptors - Risk Management"

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<table rules="all" width="90%" cellpadding="6" cellspacing="3" style="margin: 1em auto 1em auto; font-weight: normal;  border-style: solid; align: center; border:1">
 
<table rules="all" width="90%" cellpadding="6" cellspacing="3" style="margin: 1em auto 1em auto; font-weight: normal;  border-style: solid; align: center; border:1">
 
<tr style="background-color:#E1F4FF;"><th width="27%">Risk Type & Description</th><th width="27%">Consequences</th><th width="6%">Likelihood</th><th width="6%">Impact</th><th width="6%">Level</th><th width="28%">Mitigation</th></tr>
 
<tr style="background-color:#E1F4FF;"><th width="27%">Risk Type & Description</th><th width="27%">Consequences</th><th width="6%">Likelihood</th><th width="6%">Impact</th><th width="6%">Level</th><th width="28%">Mitigation</th></tr>
<tr><td><b>Technical Risk</b><br/>
+
<tr><td><b>Technical Risk</b><br/><br/>
 
Steep learning curve as team are unfamiliar with D3.JS and JMP.</td>
 
Steep learning curve as team are unfamiliar with D3.JS and JMP.</td>
 
<td>Project may be delayed due to:
 
<td>Project may be delayed due to:
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* Start exploration of D3.JS and JMP.
 
* Start exploration of D3.JS and JMP.
 
* Seek help from seniors who have experience with D3.JS and JMP to expedite learning.
 
* Seek help from seniors who have experience with D3.JS and JMP to expedite learning.
 +
</td></tr>
 +
<tr><td><b>Technical Risk</b><br/><br/>
 +
Team members have not taken IS428 - Visual Analytics for Business Intelligence (VA) module.</td>
 +
<td>Team may be unsure of the best practices of information graphics to present data in the language of graphics effectively, clearly and eloquently.</td>
 +
<td align="center">High</td><td align="center">Medium</td><td align="center">A</td>
 +
<td>
 +
* 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.
 +
</td></tr>
 +
<tr><td><b>Client Management Risk</b><br/><br/>
 +
Client may be making frequent changes to the project scope.</td>
 +
<td>Project may be delayed due to frequent readjustment of project scope and expectation may lead to an over-run in project.</td>
 +
<td align="center">Medium</td><td align="center">Medium</td><td align="center">B</td>
 +
<td>
 +
* Team to schedule regular meetings with clients to keep up to date with latest information.
 +
</td></tr>
 +
<tr><td><b>Project Management Risk</b><br/><br/>
 +
There are certain features such as warehouse utilization tool, which the team are unsure of the time needed to complete it.</td>
 +
<td>Project may be delayed due to incorrect estimation of time can lead to the feature not being completed on time.</td>
 +
<td align="center">Medium</td><td align="center">Medium</td><td align="center">B</td>
 +
<td>
 +
* 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.
 
</td></tr>
 
</td></tr>
  

Revision as of 22:43, 10 January 2016

Skulptors-HomeIcon.png   HOME Skulptors-AboutIcon.png   ABOUT US Skulptors-OverviewIcon.png   PROJECT OVERVIEW Skulptors-ProjMgmtIcon.png   PROJECT MANAGEMENT Skulptors-DocIcon.png   DOCUMENTATION
Project Schedule Risk Management



Risk Metric


Likelihood
LowMediumHigh
I
m
p
a
c
t
HighBAA
MediumCBA
LowCCA


Risk Assessment


Risk Type & DescriptionConsequencesLikelihoodImpactLevelMitigation
Technical Risk

Steep learning curve as team are unfamiliar with D3.JS and JMP.
Project may be delayed due to:
  1. Incorrect time estimation.
  2. Longer time needed to familiarize with D3.JS and JMP.
HighHighA
  • 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. HighMediumA
  • 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. MediumMediumB
  • 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. MediumMediumB
  • 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.