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[answered] Assignment 6: VoIP Part 4 (Risk Register) Due Week 9 and wo


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Assignment 6: VoIP Part 4 (Risk Register) Due Week 9 and worth 80 points

 

Utilizing the Delphi technique, your team constructed the following risks register the VoIP project containing the risk, the likelihood of its occurrence on a scale of 1 (least likely) to 5 (most likely), and the potential negative impact on the project on the same scale. In addition, they recommended the appropriate response and identified its type for one of the risks identified. # Risk 1 Project Delayed due to lack

 

of resources

 

Project runs out of funds

 

before completion

 

Users reject new system

 

Defective Hardware

 

New government

 

regulations introduced

 

during deployment increase

 

the cost of running VoIP

 

Yearly renewal fee issued

 

on the legacy system due to

 

delay of over 30 days in

 

deployment of the new

 

system 2

 

3

 

4

 

5 6 Likelihood

 

(1-5)

 

3 Impact

 

(1-5)

 

5 1 5 2

 

1

 

2 2

 

5

 

3 1 4 Response Type Response Mitigation Schedule check 30 days

 

before project deadline to

 

determine if action needs to

 

be taken to avoid delay.

 

Decision tree will be

 

utilized. Write a three to five (3?5) page paper in which you:

 

1.

 

2.

 

3.

 

4.

 

5. 6.

 

7. Explain risk management and its associated activities and defend the need for a risk

 

management plan.

 

Describe the Delphi technique used to identify risks and infer on types of projects

 

where this technique is most accurate.

 

Examine the four (4) types of risk response (i.e., avoidance, acceptance,

 

transference, and mitigation) and determine the appropriate situation where each should be

 

used.

 

Complete the table with the risk response type (i.e., avoidance, acceptance,

 

transference, and mitigation) and a description of the response.

 

Create a decision tree with the software of your choice to address risk number 6.

 

Assume that when you check the schedule on day 60 of the project, it becomes evident that

 

two (2) additional engineers are needed to ensure on-time completion of the project. The

 

engineers cost $25,000 each and a fee of $120,000 is issued by the legacy provider. The

 

probability of completing the project on time is as follows: With the current personnel ? 60%;

 

With one (1) engineer ? 80%; With both engineers ? 98%.

 

Explain the methodology utilized to create a decision tree and recommend the

 

appropriate action to take based on your decision tree from criterion 5.

 

Use at least two (2) quality resources in this assignment. Note: Wikipedia and similar

 

Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch

 

margins on all sides; citations and references must follow APA or school-specific format.

 

Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student?s name, the

 

professor?s name, the course title, and the date. The cover page and the reference page are

 

not included in the required assignment page length.

 

Include the decision tree created in your chosen software. The completed decision

 

tree must be imported into the Word document before the paper is submitted.

 


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