Drug testing

Managing Project Risks and Issues

Inherent (or Business) Risk

Inherent Risk is the risk that exists in the environment around your portal project. It will tend to be unique to your organisation; it's culture and politics. For example, if you have a fragmented business (either geographical or functional), then this will create a higher inherent risk of poor communication.

Project (Specific) Risk

Project Risk is the risk specific to your project. Some Project Risk stems from the nature of what you are doing; there are certain risks common to any project (e.g. the unfamiliarity to users of the technology you are deploying). However, most project risk is under your direct influence; for example the skills of the project team, the level of governance effectiveness and so on.

Stage Risk

Finally, there is 'stage risk' which is the risk associated with the particular activity of any given phase of the project plan.

The Risk Log & Risk Plan

In order to stay in control of the risks to your portal project, it makes sense to have a formal log of all risks, to which anyone involved with the project is entitled to add. You might use a formal workshop to first populate the log.

Assessing Risks

Each risk (however derived) can be assessed using a simple methodology, whereby the probability of the risk being realised ('likelihood') and the size of the impact on the project objectives ('severity') can be measured.

The simplest system (based on the PRINCE project management method) is to give a score of 1-3 for likelihood and severity (where 1 is low and 3 is high). From these scores, the importance of each risk can be measured as the product of likelihood and severity.

Clearly, any risk of importance 9 demands immediate attention, followed by risks rated 6 and so on.

Risk Counter-measures

The importance of each risk should be regularly maintained, based on the extent to which the likelihood and severity of impact change over time.

For each risk, one should enter a counter-measure in the risk plan. Where a risk can be eliminated, then this will be the counter-measure. Where it cannot be fully eliminated, then risk mitigation actions will be the most appropriate.

Issues Log

A Risk is something that is yet to happen, whilst an Issue is something that has already happened. It may well be convenient to use the Risk Log to also track any issues on the project. Issues will generally fall into one of the following categories:

(R) - Request for a change (in the scope of the project);
(O) - An item has been identified that is Off-Specification;
(Q) - A Question has been raised that needs to be resolved;
(S) - A Statement of Concern has been raised by someone; and
(I) - Other issues.

To score issues, just ascribe an importance score (of between 1 and 9).

Managing Risks and Issues

Once you have put a Plan in place, then it is important to regularly monitor and report on the counter-measures that have been deployed and whether or not they have been successful in reducing the overall risk profile of the project.

For templates and examples of risks and issues pertinent to intranet portal deployment projects, please check out my chapter on Managing Risks and Issues in the (free to access) Intranet Portal Guide.

If you act, manage and report regularly on risks and issues, you will have substantially improved your chances of project success!

About the author:

David Viney (david@viney.com) is the author of the Intranet Portal Guide; 31 pages of advice, tools and downloads covering the period before, during and after an Intranet Portal implementation.

Read the guide at http://www.viney.com/DFV/intranet_portal_guide or the Intranet Watch Blog at http://www.viney.com/intranet_watch.

limousine chicago service
In The News:

Ecommerce Marketing Plan

Concept of ServiceThe current work deals with marketing offer of... Read More

Selling Online for Newbies

If you are interested in selling online, it is quite... Read More

Increasing E-commerce Website Sales

With consumers purchasing billions of dollars of merchandise online each... Read More

Intranet Project Names - Some Ideas

"What's in a name? That which we call a rose... Read More

Why Ecommerce is Not Ready for My Daughter or Me

As the mother of a teenage clothing fanatic I'm often... Read More

Old Habits Die Hard in the Third Age Years

I spent a lifetime in retailing and I'm still at... Read More

Guide To Safe Online Shopping

Online shopping can be a little frightening to people who... Read More

How Measuring Key Performance Indicators Can Improve E-Commerce Strategy - Part One

The problem with most e-commerce marketing strategy today is that... Read More

The Plain Man?s Guide to Making Money Online

I'm a plain man who uses plain thinking in devising... Read More

Direct Marketing isn?t all Brute Force

There are so many metrics surrounding direct marketing. So many... Read More

Merchant Accounts: What They Can Do For You

Congratulations! You created an impulse in a customer to buy... Read More

Database: The Secret of Success

BENEFITS OF A DATABASEBy maintaining your list as a database,... Read More

Shopping Cart Features to Consider

Often the simplest Web stores have the most success. But... Read More

What You Must Know About Selling Online to Europe

The European market is a multi-billion $ sector which you... Read More

Say Something Worth Talking About

I recently published a short e-book called 'One Thing I... Read More

Excuse Me, Are You Wasting Traffic?

The largest cost and concern of an internet business is... Read More

How to Gain Your Visitors Trust

If you are serious about selling on the world wide... Read More

Precautions Necessary for an Online Brokerage Business

Maybe no business requiring little or no capital pays as... Read More

Gooooooooooogle It!

....there's much more to Google than you thought:With the wealth... Read More

Why Our Site Was Removed From The ODP

Our website, Best Of The Home, has been listed in... Read More

Electronic Commerce Tax Jurisdiction and Principles of Permanent Establishment

The principle of "permanent establishment" is very important for avoidance... Read More

Prompt Delivery Rules ? Internet Product Sales

The Internet is the fastest growing source of mail order... Read More

7 Must Have Scripts to Look for When Shopping for E-commerce Hosting

When shopping for e-commerce hosting there are a lot of... Read More

Eleven Things You Must Know About A Drop Shipping Directory And Its Company

1. Balance - You want to find a directory rich... Read More

Grow Your Business Using B2B Emarketplace ? Part II

Selecting the right emarketplaceAlthough, IT spending has been staying flat... Read More

solar led parking lot lights street light gallery Pete's produce ..