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Team:Groningen/Project Plan/Risk List
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Every project has to deal with risks. To ensure a smoothly running project without too many large hiccups it is important to identify these risks and develop strategies to avoid them (and/or reduce their impact). | Every project has to deal with risks. To ensure a smoothly running project without too many large hiccups it is important to identify these risks and develop strategies to avoid them (and/or reduce their impact). | ||
Revision as of 20:24, 27 April 2009
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Every project has to deal with risks. To ensure a smoothly running project without too many large hiccups it is important to identify these risks and develop strategies to avoid them (and/or reduce their impact).
Also see [http://www.upedu.org/upedu/process/artifact/ar_rskls.htm UPEDU's description of the Risk List] artifact and the enclosing artifact, our project plan.
Risks
For each risk the following is documented:
- Identifier: a descriptive (short) name
- Magnitude: one of the following numbers:
- Minor nuisance
- Bad, but not insurmountable
- Show stopper
- Description/Impact: a brief description of the risk and how it impacts our project.
- Indicators: when do we know this risk has materialized (or better yet, is about to materialize).
- Mitigation Strategy: how are we reducing the impact of this risk?
- Contingency Plan: what can we do if this risk does materialize?
TODO: This is currently just an example, this still needs to be filled in!
| Identifier | Magnitude | Description/Impact | Indicators | Mitigation | Contingency Plan |
|---|---|---|---|---|---|
| NoFunding | 2 | If we do not get any more funding we may not be able to cover our budget. This may mean that some things will not be possible. | Our budget should largely be covered before the summer. | We already have some funds and are attempting to acquire more. | TODO: We should identify some things that could be scrapped if really necessary. |
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