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Communication Risk High Occurrence Low Occurrence High CostLow Cost 1 3 4 5 6 7 8 9 10 11 12 20 21 =7% =86%=7% 2.

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Presentation on theme: "Communication Risk High Occurrence Low Occurrence High CostLow Cost 1 3 4 5 6 7 8 9 10 11 12 20 21 =7% =86%=7% 2."— Presentation transcript:

1 Communication Risk High Occurrence Low Occurrence High CostLow Cost 1 3 4 5 6 7 8 9 10 11 12 20 21 =7% =86%=7% 2

2 Communication Risk Analysis Risk Description How Often Occurence How Much Cost ResponseHowTriggers 4 Terrorist attack knocks out GPS system while car is in auto driving mode and the sensor malfunctionsLowHighAccept Hard to eliminate there are no full proof system to avoid Terrorist Attacks Terrorist are extremist. It's law enforcement’s responsible to strategize how to create safety for the people 3 Weather -- Inclement weather, including heavy rain, hail, snowstorms, ice, high winds and fog make driving more difficult auto drive mode when sensors unable to work due to weather High Avoid Don't drive in these weather conditions The process eliminates the risk

3 Communication/Satellite With the changing of time there has been an increasing volume for reasons why communication modes have experienced difficulties. Terrorist attacks In this scenario a Terrorist attack knocks out a GPS system while car is in auto driving mode and the sensor malfunctions. This can have a High Occurrence and a High Cost The High Occurrence is relative to the culture, society and economic makeup In this scenario it’s classified as a Low Occurrence and a High Cost. Fixing a GPS system requires the skill of a Knowledge Worker which is identified as a High cost. Is there a better risk response than Acceptance. Can terrorist attack risk response be more of an Avoidance, Transfer or Migrated risk.

4 Communication/Satellite Weather due to heavy rain, hail, snowstorms, ice, high winds or fog make driving more difficult. FACT. Driving in Auto Mode when sensors are unable to work due to weather conditions: Is life threatening Hazardous Unsafe Technology is not full proof And an example would be NYC loosing electricity power. What is the most favorable risk outcome This is a Low Occurrence and a High Cost Risk. Risk Response indicated is Avoidance. What are some of the reasons this would fall under Transfer, Accept or Migrated risk.

5 Budget Risk High Occurrence Low Occurrence High CostLow Cost 14 15 16 17 18 19 22 23 24 25 27 26 27 = 77% =23%

6 Budget Risk Analysis Risk Description How Often Occurence How Much Cost ResponseHowTriggers 15 Project exceed budget of 20 million dollarshigh MitigateScope creep Project guidelines not being followed. 23 Funding cancelled due to new adminHigh Migrate Product not a part of new administration's vision In efforts to help the org save money 24 Delayed deliverables lead to project delaysHigh Avoid What alternative measures can be taken to deliver equipment on schedule. Attempt to save ones job and market value and the ability to bring a bring product into production.

7 Budget Sample Analysis Project Exceeds Budget This is very realistic project risk. The key is to migrate scope creep. Having well defined business requires Having Experienced Subject Matter experts Managing User expectations Involving potential clients in the testing phase Focusing on the “Must-Haves” and not the “nice to haves”. Having a clear defined Statement of Work (SOW) with signoffs will help with project goal and mission. Cite: Http://www.projectperfect.com.au/info_scope_creep_mgmt.php

8 Budget Sample Analysis Funding is cancelled due to a new administration that does not support project This is a scenario where having buy in is very important. Giving the new administration history on the teams success track. Finding out the new administrations vision and coming up with a shared vision The most change impact occurs at the ground level. Con Management Waste Time Resources Talent


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