Question

Complete the Risk Register (yellow-colored columns) provided below based on the information given.

Staffs involved – Mr Shariff (Company’s Accountant), Ms Liza (Company’s Project Manager) and Mr Halim (Company’s Quality Assurance Control)

Mitigation/Contingency Plan that can be applied (select the BEST plan for each risk):

• Splitting the development into short iterations.
• Getting further details on installing the product from the Customer’s IT Department as soon as possible.
• Following the development schedule. Timely notification of potential problems or shifts in the schedule.
• Scheduling of meetings and the provision of the necessary information in advance.
• Frequent demonstrations of new functionality.
• Install the beta version of the product and test the product in order to identify the problems associated with integration.

Risk ID	Risk Description	Probabi-lity	Rating	Effect on Cost/ Schedule/Quality	Owner	Mitigation/ Contingency Plan
1	Late submission of information, delays in document approval by the customer	Medium	High	Schedule
2.	Incorrect or incomplete stated requirements	High	High	Cost, Schedule
3.	Changes in the requirement during development	High	High	Cost, Schedule
4	Problems with the delivery of the product into production because of the unavailability of servers.	High	Medium	Schedule
5.	Problems of integration with internal systems of the customers	Medium	Medium	Cost, schedule, quality
6.	Tight time limits that influence the testing flow	Medium	High	Cost, schedule, quality

Answer 1

Risk ID	Description	Owner	Mitigation Plan	Explanation
1	Late submission of information, delays in document approval by the customer	Company’s Accountant	Scheduling of meetings and the provision of the necessary information in advance.	This plan allows preparation time to customer from submission and approval of documents
2	Incorrect or incomplete stated requirements	Company's QA Control	Frequent demonstrations of new functionality	This plan allows us to take frequent feedback so that we don't work on the wrong requirements for long.
3	Changes in the requirement during development	Project Manager	Splitting the development into short iterations.	This plan allows us to show our work and get it approved frequently so that we don't have to rework.
4	Problems with the delivery of the product into production because of the unavailability of servers.	Company’s Accountant	Getting further details on installing the product from the Customer’s IT Department as soon as possible.	This plan allows us to be completely familiar with the Client's IT infrastructure to minimize potential delivery problems
5	Problems of integration with internal systems of the customers	Company's QA Control	Install the beta version of the product and test the product in order to identify the problems associated with integration.	This plan allows us to run our work on a small scale to fix potential errors and avoid big problems
6	Tight time limits that influence the testing flow	Project Manager	Following the development schedule. Timely notification of potential problems or shifts in the schedule.	It allows us with time to respond with mitigative measures which could be an increased workforce in case of delays.