Q2.) Recently
established software industry has computerized its Human resource mgmt system
by using various s/w applications for selection, Training, performance
evaluation and retention of employees. You as a software expert need to find
out risks involved in implementation and administration of the project.
Ans:
Risk: Chances of failure is called as risk.
It is very important to identify the
risks at the start of the project so that we can avoid the problems in future.
Risk
Management involves following steps-
1. Identification of risk.
2. Analysis
3. Planning
4. Mitagation.
Following are the identified risks for the project.
1. As the company is new,
they may not have all the process well set and established .There is good
chance of missing out the process or the part of process while implementing the
software.
2. As company has built its
software by using various s/w applications there may be difficulty in
integrating the software , as the software may belong to different vendors
3. The requirements for the
project may not be very clear as the company is new.
4. As the project is in-house
there may be difficulty in engaging the resources especially human resources as
company is keener to establish itself in the market and priority may be given
to client projects.
5. The cost of the project will be bare by the
company so it will be difficult to provide funding for in-house project.
6. As company is using off
the shelf products they may have to be dependent on the vendors for product
support.
7. Tool failure
8. Lack of sufficient
knowledge about tool
9. Lack of roles and
responsibilities definition and distribution
10.Personnel change
You
may elaborate the points by writing how these may be categorized as budget ,
schedule, operational ,technical risks, quality
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