Case 7

Risk Factors Weight Risk Potential Total
      Scores    
    Low 1 2 3 4 5 High  
Business / Organisational                  
Urgency of need to change 12 Little         * Vital 60
Culture 5 Innovative, Lively   *       Closed,dead 10
Climate / Politics 6 Open / Friendly   *       Conflict/Bad feeling 12
Business Environment 8 Static       *   Rapid Change 32
Competition 8 Low     *     High 24
Growth / Stability 6 Slow /Stable     *     Rapid/Unstable 18
Management Style 10 Inclusive   *       Dictatorial 20
Management Experience 8 Highly Competent   *       Na�ve 16
Responsibilities and Leadership 5 Clear   *       Unclear 10
Perception of Problems 5 Shared   *       Disagreed 10
Staff Characteristics 5 Willing and Able   *       Unmotive,inept 10
Adoption of IT 10 Effective *         Ineffective 10
Quality Assurance Procedures 5 Well Established   *       Rough and ready 10
Available Finance 7 High   *       Low 14

 

Risk Factors Weight Risk Potential Total
      Scores    
    Low 1 2 3 4 5 High  
Technical Options                  
Operational 13 Matches Objectives *         Dosnt Match Objectives 13
Financial 12 Within Budget *         Over Budget Limit 12
Economic Return 15 Good investment *         Poor investment 15
Social Upset 5 Improvement   *       Angry disruption 10
Schedule 10 Easily on time *         May be Late 10
Amount of change caused 7 Highly Beneficial   *       Little Difference 14
Potential User Impact 8 Low       *   High 32
Ethical/Legal Problems 7 Few       *   Many 28
Number of Suppliers 4 One         * >5 20
Supplier Support 5 High, Reliable     *     Low,Unrelaible 15
Security Risk 9 Low       *   High 36
Newness of Technology 5 Tried and Tested       *   Frontier Breaking 20

 

Risk Factors Weight Risk Potential Total
      Scores    
    Low 1 2 3 4 5 High  
Project                  
Definition of Aims and Objectives 7 Clear   *       Unclear 14
Room for improvement 8 Great *         Little 8
Project Plan 5 Detailed   *       Unprepared 10
Feasibility 5 Certain *         Uncertain 5
Size 2 Small   *       Large 4
Budget 5 <$10,000     *     >$500,000 15
Development Timescale 4 < 3 Months     *     >2 years 12
Operation/ Delivery Date 4 Flexible     *     Tight 12
Quality / Standards 4 Minimal       *   Strict 16
Monitoring and Control Mechanisms 4 Good     *     Does not exist 12
Newness of project / Ambitiousness 4 Familiar   * *     Strange 12
Complexity 4 Easy   *       Difficult 8
Resource Availability 4 Very Good         * Inadequate 6
Project Team's Experience 5 Expert *         Inexperienced 25
Skills Required 1 Few       *   Many 1
Number of Owners 3 One     *     Many 12
No. of Staff / Groups involved 3 Few   *       Many 9
No. of interfaces to other systems 3 One   *       >10 6
Legacy equipment integration 5 None       *   Many 20
Need for Security 4 Low   *       High 8
Management Commitment 4 Strong       *   Weak 16
User Demand 6 Keen *         Hostile 6
User Involvement 4 High throughout *         Minimal 4
Staff Capability 4 High,adaptable   *       Low,untrained 8

1) Risks to be avoided

Business organisational- urgency of need to change, business environment, competition

Technical Options- Potential user impact, ethical problems, security risk

Project- Budget, project team experience, legacy equipment integration

2) Risk to monitored

Business Organisational - growth stability, management style, management experience

Technical Option- Amount of change, Number of suppliers

Project- Management commitments, Number of owners, Quality standard

3) Risks that should be provided in a Risk Management Plan

Business/Organisational- Urgency of need to change, business environment, competition 

 Project: Budget, Development timescale, Operation delivery date

 Technical Options: Financial, potential user impact, security risk