Project Management Wired Café

Running Head: PROJECT MANAGEMENT
Wired Café Project
Name of the Student
Name of the University

1PROJECT MANAGEMENT
Table of Contents
Exercise 3.........................................................................................................................................2
3.1 Risk Register..........................................................................................................................2
3.2 Risk Probability and Impact Matrix......................................................................................4
3.3 Risk Response Plan................................................................................................................4
3.4 Procurement Contract Type and Fee Structure......................................................................6
3.5 Requirements Document.......................................................................................................8
3.6 Baseline..................................................................................................................................9
Bibliography..................................................................................................................................13

2PROJECT MANAGEMENT
Exercise 3
3.1 Risk Register
I
D
Risk Statement Owner Probabilit
y
Impact Scor
e
Response
1 During the construction process,
major safety risks can occur due to
high chances of injuries for the
workers
Constructio
n Manager /
Contractor
4 5 20 Use of safety gears
and safe practices
during construction
are recommended.
2 Use of poor quality materials can
jeopardise the ongoing construction
and also the building quality and
strength will be poor.
Constructio
n Manager /
Contractor
3 4 12 Verify material
quality before
purchasing, purchase
materials only from
reliable vendors.
3 Budget overshoot is one major risk
due to limited time and budget
assigned for the project.
Project
Manager
3 3 9 Control expenses
and take active
measures to ensure
there is no
unnecessary
spending in out of
scope activities in

3PROJECT MANAGEMENT
the project.
4 IT risk may occur due to no
firewalls in network while setting
up the internet for the café,
resulting in breach of privacy
attacks from unauthorized sources
IT
Supervisor
4 4 16 Installation of
firewalls in the
network is
recommended
5 Certification risk can occur if
permit and certifications are not
received from the local authority,
resulting in suspension of the
project
Project
Manager
3 4 12 Application for
permit needs to be
done right after the
project is planned
6 Human resource risk may occur if
sufficient number of employees
cannot be hired for the new coffee
bar
HR
Manager
2 2 4 Hiring of the new
employees need to
be done through
standard interview
process