The document provides instructions for an assignment on risk management for a VoIP project. It includes a risk register developed using the Delphi technique containing 6 risks with assigned likelihood and impact scores. Students are asked to write a 3-5 page paper explaining risk management and the Delphi technique, examining the four risk response types, completing the risk register with response types and descriptions, creating a decision tree to address one risk, and recommending an action based on the decision tree.
1. CIS 500 Assignment 6: VoIP Part 4 (Risk Register)
FOR MORE CLASSES VISIT
tutorialoutletdotcom
Assignment 6: VoIP Part 4 (Risk Register)
Due Week 9 and worth 100 points
Utilizing the Delphi technique, your team constructed the following
risks register the VoIP project containing the risk, the likelihood of its
occurrence on a scale of 1 (least likely) to 5 (most likely), and the
potential negative impact on the project on the same scale. In addition,
they recommended the appropriate response and identified its type for
one of the risks identified.
#
Risk
Likelihood (1-5)
Impact
(1-5)
Response Type
Response
1
2. Project Delayed due to lack of resources
3
5
2
Project runs out of funds before completion
1
5
3
Users reject new system
2
2
4
Defective Hardware
1
5
5
New government regulations introduced during deployment increase the
cost of running VoIP
2
3
3. 6
Yearly renewal fee issued on the legacy system due to delay of over 30
days in deployment of the new system
1
4
Mitigation
Schedule check 30 days before project deadline to determine if action
needs to be taken to avoid delay. Decision tree will be utilized.
Write a three to five (3-5) page paper in which you:
Explain risk management and its associated activities and defend the
need for a risk management plan.
Describe the Delphi technique used to identify risks and infer on types
of projects where this technique is most accurate.
Examine the four (4) types of risk response (i.e., avoidance, acceptance,
transference, and mitigation) and determine the appropriate situation
where each should be used.
Complete the table with the risk response type (i.e., avoidance,
acceptance, transference, and mitigation) and a description of the
response.
Create a decision tree with the software of your choice to address risk
number 6. Assume that when you check the schedule on day 60 of the
project, it becomes evident that two (2) additional engineers are needed
to ensure on-time completion of the project. The engineers cost $25,000
each and a fee of $120,000 is issued by the legacy provider. The
probability of completing the project on time is as follows: With the
4. current personnel – 60%; With one (1) engineer – 80%; With both
engineers – 98%.
Explain the methodology utilized to create a decision tree and
recommend the appropriate action to take based on your decision tree
from criterion 5.
Use at least two (2) quality resources in this assignment. Note:
Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with
one-inch margins on all sides; citations and references must follow APA
or school-specific format. Check with your professor for any additional
instructions.
Include a cover page containing the title of the assignment, the student’s
name, the professor’s name, the course title, and the date. The cover
page and the reference page are not included in the required assignment
page length.
Include the decision tree created in your chosen software. The completed
decision tree must be imported into the Word document before the paper
is submitted.
The specific course learning outcomes associated with this assignment
are:
Examine the human resource factors that can impact project
management.
Summarize how the PMBOK® process groups and knowledge areas are
involved throughout the project life cycle.
Compare and contrast the sources and mitigating factors of project risk.
5. Use project management and graphic software to plan and manage a
project throughout the project life cycle.
Use technology and information resources to research issues in IT
project management.
Write clearly and concisely about issues in IT project management using
proper writing mechanics and technical style conventions
Click here to view the grading rubric for this assignment.
***************************************************
6. Use project management and graphic software to plan and manage a
project throughout the project life cycle.
Use technology and information resources to research issues in IT
project management.
Write clearly and concisely about issues in IT project management using
proper writing mechanics and technical style conventions
Click here to view the grading rubric for this assignment.
***************************************************