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

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| align="center" style="background:#8A740C; color:#ffffff"|'''Impact (H/M/L)'''
 
| align="center" style="background:#8A740C; color:#ffffff"|'''Impact (H/M/L)'''
 
| align="center" style="background:#8A740C; color:#ffffff"|'''Risk Rating'''
 
| align="center" style="background:#8A740C; color:#ffffff"|'''Risk Rating'''
| align="center" style="background:#8A740C; color:#ffffff"|'''Mitigation strategy/ Contingency Plan'''
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| align="center" style="background:#8A740C; color:#ffffff"|'''Mitigation Strategy'''
 
|-
 
|-
 
| 1||Lack of knowledge regarding corporate structure||Non-Technical||Medium||Medium||bgcolor=#fffacd|Moderate
 
| 1||Lack of knowledge regarding corporate structure||Non-Technical||Medium||Medium||bgcolor=#fffacd|Moderate
||
+
| align="left"|
 
*Refer to research papers for previous research hypothesis & results.
 
*Refer to research papers for previous research hypothesis & results.
 
*Regular consultation to clarify if there is any doubt.
 
*Regular consultation to clarify if there is any doubt.
 
|-
 
|-
 
|-
 
|-
| 2||Limitation on Data Extraction||Technical ||Medium||Medium||bgcolor=#fffacd|Moderate||
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| 2||Limitation on Data Extraction||Technical ||Medium||Medium||bgcolor=#fffacd|Moderate
 +
|| align="left"|
 
*Test different ways of doing it, and develop an iterative method to acquire data.
 
*Test different ways of doing it, and develop an iterative method to acquire data.
 
|-
 
|-
 
| 3||Team is unfaimiliar with R-programming||Technical ||Medium||High||bgcolor=#f08080|High
 
| 3||Team is unfaimiliar with R-programming||Technical ||Medium||High||bgcolor=#f08080|High
||
+
|| align="left"|
 
*More research and learning should be done and shared within the team.  
 
*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.
 
*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||bgcolor=#f08080|High
 
| 4||The network data may not be completed||Technical||High||High||bgcolor=#f08080|High
||
+
|| align="left"|
 
*Gather suitable data with appropriate size.
 
*Gather suitable data with appropriate size.
 
*Iterative methodology of gathering data stages.
 
*Iterative methodology of gathering data stages.
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|-
 
|-
 
| 4||Schedule. Team members are busy with school work.||Non-Technical||Medium||Medium||bgcolor=#fffacd|Moderate
 
| 4||Schedule. Team members are busy with school work.||Non-Technical||Medium||Medium||bgcolor=#fffacd|Moderate
||
+
|| align="left"|
 
*Plan ahead and make sure that all team members are comfortable with the work load and free to meet on the dates scheduled.
 
*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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Revision as of 21:21, 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
1 Lack of knowledge regarding corporate structure Non-Technical Medium Medium Moderate
  • 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 Moderate align="left"|
  • 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 align="left"|
  • 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 align="left"|
  • 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. Non-Technical Medium Medium Moderate align="left"|
  • Plan ahead and make sure that all team members are comfortable with the work load and free to meet on the dates scheduled.