Activity 2c_SE1

Even on your student projects, there are significant risks to your finishing your project time. Analyze the making of a student software development project and list the possible risks. What techniques can you use to mitigate each risk?

Risks are spices of life and since we are living, we will experience risk and we need to overcome it. Risks are part of a project to test the efficiency of the project. Below are the lists of risks that the group will encounter.

Project Risks:

1.) Tangible Assets:
a. Hardware = processor, monitors etc.
b. Data = data from developing the project
c. Documentations = back-ups
d. Supplies = materials needed
e. Software = data, applications. programs
f. Money = budget

2.) Additional Assets:
a. Infrastructure = where the project will lend
b. condition of the environment = calamities

Non-Tangible People Risks:
1.) Employee Turnover = quit leaving of a member
2.) Changing Requirements = late to realize something
3.) Attitudes = professionalism and unity

Mitigation:

Project Risks:

1.) Tangible Assets:
Hardware needs to fit the requirements needed for the project to avoid overloaded that may fail you pc’s hardware. Data needed must be in safe to avoid deleted, software must be kept well if in case it would be stolen or pirated, documents needs back-ups if incase it will be lost while in supplies and money it needs to have sufficient budget for the materials and for other purposes.

2.) Additional Assets:
It must also be included in order to the project to be implemented successfully. Secure the area where your group wants the project to reside.

3.) People Risk:
It talks more on the attitude towards the project and each member. The materials, budget and secured environment are useless if each member has misunderstanding and never work as a team. More risks are to be encounter.

All this tangible and non-tangible assets are to be considered since it is badly needed in the completion of the project. To mitigate this is to prevent those things to happen. Be responsible in all you do and think of possible ways to never overcome those things. Everyone should be prepared and think of the best project to make to not complicate things more.