ID Risk Description 1 5 7 10 Underestimating the work efforts

Category

ProbabilityImpact Medium High Medium High

Estimating - Time/Cost Low Power failure & Data corrupt Environment & TechnicalLow Getting to an agreement with vendors Vendors Medium Key Sponsor leaves(Political issues) Stakeholder Medium

15 Resignation of Key resource

Loss of resources

High

High

Risk Priority Trigger 15 Work dynamics 12 Project 9 3

Owner Project Manager Hardware Lead

Right after Resource gives his resignation HR/Project Manager 2 letter

Planned Response As soons as you get to know this, reformulate the work structure with the team Both software and hardware leads should set up a strategy for data recovery.

1. Make pre-planned backup for the resource take charge. 2. Initiate replacement resource recruitment from outside(contractors)/Inside the organization. 3. Initiate overtime work schedule 4. Initiate knowledge Transition from the resource. 5. Negotiate with the resource to retract the resignation.

Key Sponsor leaves(Political issue

Key Sponsor leaves(Political Resignation issues) of Key resource