| MGT2 Task 3-B |
May 7, 2014
Task 3- A
The following are risks that are determined after a new risk assessment was conducted. Coming into the project after it started led to more risk assessment then a complete metrics review.
Risks identified for Xemba Translations Telecommuters project
Time is a risk for this project on several levels. 173 employees this will be affected as well as their customers. The company has agreed that this is a good move, however, if the process of setting up the equipment, managing the security and providing training goes on too long, then it will start to negatively affect the company over-all. Currently there is concern if the technology will be delivered due to an unforeseen fire, this set back will be costly in time and work. Also, a second part of time being a risk is managing faulty or dying equipment. Home offices will take longer to assess and fix in the long run. IT staff will either have travel to employee’s homes, or employees will be held up having to come into the home office for repairs.
The impact is serious due to the fact it would reduce the amount of work completed, uses valuable resources that are required on-site, or lead to cost of hiring a separate support staff for the telecommuters.
Initial action is to move quickly in the areas that can be moved on quickly. Also, there are several team members who are done their parts, and several who are working on their parts alone. It is recommended that people be placed where there is a personnel shortage. This risk can also be prevented by managing the completion status of each item via milestone dates.
The team member responsible is everyone on the project, with the PM as the lead.
Strategies for preventing this risk is for the PM to reassess WBS, tweak people’s schedules, and get a confirmation from the company about delivery of equipment or find out how to cancel order and move on.
Cited: A guide to the project management body of knowledge (PMBOK guide 5th edition).Newtown Square, Pa.: Project Management Institute, Inc., (2013) Task 3 Xemba Translations Case Study (Year). Retrieved from https://cos.wgu.edu/courses/task-stream/MGT2.