0 Med = 2 *ƒ*…½*ƒ*…“ 3
5 Is the system networked (online to multiple locations)? NoShared system in one
locationTwo or more locations Low = 0 Low = 1 Med = 2 *ƒ*…½*ƒ*…“ 1
6 What is the system complexity? StraightforwardAverageComplex with many interactions
Low = 1 Med = 2 *ƒ*…½*ƒ*…“High = 3 3
7 How knowledgeable are the Project team in the proposed application area?
LimitedUnderstands concepts but no experienceHas implemented similar systems before
High = 3 Med = 2 *ƒ*…½*ƒ*…“Low = 1 5
Table 1 McFarlan Risk Questionnaire of FlyDragon Project
Total Risk Score = *ƒ*…½*ƒ”€“ risk score*ƒ*…½*ƒ”€Weight
= 1*ƒ*…½*ƒ”€1 + 3*ƒ*…½*ƒ”€3 + 0*ƒ*…½*ƒ”€5 + 2*ƒ*…½*ƒ”€3 + 2*ƒ*…½*ƒ”€1
+ 2*ƒ*…½*ƒ”€3 + 2*ƒ*…½*ƒ”€5 = 1 + 9 + 0 + 6 + 2 + 6 + 10 = 38
n Do you consider this score to be high, medium or low? Please justify your answer.
The highest score is 59 and the lowest score is 18, so the average score is 38.5, and
weighted average score is 33.7. I feel that our score just is 38, and is feasible. It is not too
high, and there is not too much risk involved. If say the risk, the main risk is that most
Chinese IT staff are good at the most Network development and traditional software
development, but no enough experience of E-Commerce development. If can not control
well, there is a high possibility that the progress of project will delay.
n How could you reduce risk due to technical factors? What other measures would you
take to manage risk, specifically with relevance to this project.
The main possible risk problem is lack of E-Commerce development experience. It is a
resource problem both on Human Resource and technical resource. To reduce risk on
technical factors, following measures would been taken.
*ƒ*…½*ƒ‚¤ Engage skilled professional act as the Project Assistant.
*ƒ*…½*ƒ‚¤ Recruit Senior Software Engineer act as the Software Development Grouper.
*ƒ*…½*ƒ‚¤ Put related skill requirement into the programmer recruitment requirements.
*ƒ*…½*ƒ‚¤ Engage related professional expert to tutor new professional development
staff.
*ƒ*…½*ƒ‚¤ Exert the function of Project QC Assistant Project Superintendent, duly
monitor the progress and the emerged & emerging technical related problem.
*ƒ*…½*ƒ‚¤ Insist the progress, decidedly take action when the delay trend just has
emerged. Especially when the problems occur on the Critical Path. The action simply
saying is *ƒ*…½*ƒ‚°increase resources*ƒ*…½*ƒ‚±, the concrete actions/measures such
as: crashing, and fast tracking.
Except technical factor, I consider the Human and Communication factors are the other
important factors in this project (actually in any project). Especially the Communication