Description
Please only do the Budget risk highlighted in Red. Thank you.
Chapter 11 – Read Chapter 11 – Project Risk Management then review the material
below and follow the instructions
Assignment Overview:
Your team will create a Project Risk Register using the provided Risk Register
template
Download Risk Register templatefor an IT infrastructure project. This
assignment is a true Group Exercise and the project is not associated with or based on
Case Study material in the textbook, but on the following scenario:
Your IT consulting firm (NetScan, LLC) was contracted to install the IT infrastructure
(cabling, servers, workstations, wireless APs, other hardware, software, network
equipment, and internet connectivity) in a new, 20,000 sq. ft. building for Blue Suit
Consulting. The initial build-out includes 15 offices and a data center on a single floor
with the building being ready to start the installation 4 months from now. Your CIO
budgeted $32,000.00 for the project and expects completion in 3 months.
Your Assignment: As a team, develop an initial Risk Register for this project.
As you have learned in the preceding weeks, there are many aspects of managing a
project, and risks can arise in any of them. For this assignment, it is recommended that
each team member focus on identifying events that could occur that would impact one
of these aspects:
Schedule – you have two target dates in the above description
Budget – how far does $32,000 go? (Note: your project is only to INSTALL the
infrastructure, your client, Blue Suit Consulting, will pay for the equipment and materials)
Staffing – you will need a team. What can go wrong?
Stakeholder Management – you have a client to keep happy…
Communication Management – Where are the risks to your communication plan?
Procurement – Blue Suit is paying, but what can go wrong in the purchasing process?
Quality – what events or factors can result in unacceptable quality?
Integration – all of the above need to integrate and stay in synch.
Team Responsibility:
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As a team, meet early in the week and determine which team member will
focus on which of the above areas, or come up with your own categories.
Make sure everyone understands what is required
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As a group, you can identify more details if you wish
Decide on a due date for submitting all contributions to the team leader. The
group work MUST BE SUBMITTED BY THE TEAM LEADER and by the
assignment deadline, so you should choose a due date BEFORE that for
sending all team contributions to the team leader.
Team Member Responsibility:
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Each team member must identify at least FOUR individual risks associated
with their area.
The team member’s name should appear in Column D of their Risk Register
template
Download Risk Register template
The Risk Register template contains a few examples to help you; however,
these examples must be REMOVED before submitting your completed
document to the team leader.
Use the provided Risk Register template
Download Risk Register
templateand fill in the risk register according to the following guidelines:
o Risk ID: Continue the numbering scheme in the Risk Register
template
o Description: This should describe what the potential event is that
could disrupt your plans should it occur.
? Be SPECIFIC! Saying “We might go over budget” is NOT
an appropriate entry. WHY would you go over
budget? (Going over budget is a RESULT, not a cause.)
o Impact on Project: Describe what will happen to the project should
the event described in column B actually happen. Again, be
specific!
o Identified by: Enter your name in this column
o Probability: What is the likelihood of the risk occurring Low,
Medium, or High?
o Impact: How serious will the impact be (Low, Medium, or High) if
the risk occurs?
o Risk Score: Multiply Probability * Impact
? Low=1, Medium=2, High=3. Example: a Low
Probability/Medium Impact risk has a risk score of 2
(1*2). Be sure there is a formula in the cell.
o Response Type: Pick from the drop-down list. See Chapter 11 for
explanations of each of the four response types.
Response Strategy: Explain exactly what you will do to Avoid,
Transfer, or Mitigate the risk. If you are Accepting the risk, you
should explain why you are taking no action.
o Owner: In real life, this is required, so that each risk is assigned to
someone. For our purposes, you can leave it blank.
Date last reviewed: Again, in the real world, you need to keep track of when
you have reviewed each risk – which should be done regularly. For this
exercise, you can leave it blank.
Assumptions: Use this to document any assumptions you made in coming up
with the risk. This item is included because you don’t have a project plan to
go by, so you may want to make up some assumptions and then identify risks
based on them. See the examples included in the provided Risk Register
o
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template
Download Risk Register template.
Note: If you are not the team leader, do NOT submit anything to the Canvas Grade
Center. Submit your contribution to the group work ONLY to your team leader using the
group’s file folder.
Team Leader Responsibility:
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The team leader will copy your risks and paste them into the Team’s Risk
Register after each team member uploads their risk register document to the
group’s file folder in Canvas.
The team leader will upload the Team’s Risk Register using this assignment’s
submission link for review and evaluation.
Rubric
Week 6 Group Work Rubric
Week 6 Group Work Rubric
Criteria
This criterion is linked
to a Learning
OutcomeCompleteness
This criterion is linked
to a Learning
OutcomeTeamwork
This criterion is linked
to a Learning
OutcomeCritical
Thinking
Ratings
30 pts
Complete
There is one project area
represented for each team
member, and at least four
risks identified in each
area.
30 pts
Full Team
Participation
All team members
contributed to the
assignment.
30 pts
Thorough Analysis
All identified risks reflect
a clear analysis of the
given scenario, and are
specific events or
conditions that could
occur. Impact, Probability,
Response Strategy and
Response Plans are well
thought out and sensible.
25 pts
Mostly Complete
One project area is
represented for each
team member. Most
areas have at least four
risks identified.
25 pts
One missing team
member
One member of the team
did not contribute to the
assignment.
25 pts
Competent Analysis
Identified risks are
mostly specific, realistic
events or scenarios
which could occur, but a
few are generalized or
are effects rather than
cause. Response plans
are largely reasonable
and effective.
Pts
15 pts
Incomplete
There are fewer project
areas than team members,
and some areas have
fewer than four risks
identified.
30 pts
15 pts
Two or more missing team
members
Two or more team members
did not contribute anything
to the assignment.
30 pts
15 pts
Minimal analysis
Many of the identified
risks are too general for
effective planning (e.g.,
“Project might go over
budget”). Response
Strategies and Response
Plans are often vague or
insufficient for managing
the risk.
30 pts
Week 6 Group Work Rubric
Criteria
This criterion is linked
to a Learning
OutcomeFormat
Total Points: 100
PreviousNext
Ratings
10 pts
No major formatting
issues
Submitted Risk Register is
in the proper formatting
with no or minimal
spelling/grammar errors.
7 pts
Some formatting
issues
Risk Register has
multiple spelling,
grammar or excel
formatting problems, or
does not use the proper
template.
Pts
3 pts
Major formatting
issues
Risk Register is riddled
with spelling, grammar
or excel formatting
problems, and/or does
not use the proper
template.
10 pts
Risk ID
Description
Impact on
Project
Identified By
Probability
Impact
R1
Network design
cannot
commence
No Network
without an
Architect is
architect, which
available for the will delay project
next month
start
Jim
High
Medium
R2
Building
construction
could be
delayed, pushing
back our start
date
Medium
Medium
If the delay is
long, team
members might
get assigned to
other projects. Jim
Risk Score
Response Type
Response
Strategy
2 Mitigate
The Network
Engineer can
begin
preliminary
design. Network
Architect can
review
periodically for
general feedback
3 Transfer
Include a clause
in the contract
stipulating that
Blue Suit will pay
for staff time
beginning on the
planned start
date, even if
work cannot
commence.
Owner
Date Last
Reviewed
Assumptions
Assumes the Network Architect can
find small blocks of time to do high
level review.
Assuming we decided on a DJ as the
music provider instead of a band.
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