Answered: solve the questions: Tony and his team…

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks.

the quation is :

1- Plot the six risks on a probability/impact matrix.

2- assign a numeric value for the probability and impact of each risk on meeting the main project objective.

High
Mitigate /
cancel
Insure /
mitigate
Rare
Probable
catastrophe
disaster
Impact
Bad luck
Management
challenge
Ассеpt
Externalise
Low
Low
High
Probability

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