Risk Assessment / Management
Purpose
- Improve chances of project success.
Risk Area Defined
- A part of the system design or implementation approach judged as having a significant probability of failure to result in a successful design and/or implementation
The Process:
- Identify design and implementation risk areas.
- Group these into three categories -
- Minimal Risk : Reasonable development challenge
- More than Minimal Risk : These become the issues to be resolved by prototype (design issues) and pilot (implementation) testing.
- Not Acceptable Risk : Design approach should be redefined to avoid these.
- Take the appropriate Actions -
- Modify approach to avoid category 3 items
- Design rapid prototype and pilot model test plans to provide test results aimed at resolving the category 2 risk issues.
- Track the development of category 1 items and be prepared to take corrective action if and when it appears necessary.