Question

Describe some risks associated with car showroom project? in project management subject

Answer 1

The risks which are associated with the car showroom project are:

1. Design and Analytics: The first risk that could possibly arrive in a car showroom project would be the design and structure analytics. The structure should be designed in such a manner where the optimisation could be effectively achieved and thus all the cars could be effectively put in. Thus, the allocation of resources via database or the real life is a risk associated as if not implemented properly could cause damage.

2. Cost: Another risk factor which comes along is the cost. Obviously the costs are very high in an effective designing for the car showroom project. An organisation should have investment and fundings available with it to invest and decide to take such a project otherwise not.

3. Privacy and Security: At last, the privacy and security factor talks about the privacy concerns with the car showroom project. Many employees and many managers would use the same database to have the information regarding the car type and how the sales is being going on. Thus, to ensure high privacy is maintained and not all disclosure of information is done is one risk to be taken.