Network Analysis of Interlocking Directorates/Project Management/Risk Assessment

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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 Moderate| 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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