Project Management Report: Network & Infrastructure Risk Analysis

This report focuses on risk management within the context of network and infrastructure implementation in an enterprise. It begins with an introduction to the topic, emphasizing the importance of network connectivity and communication for business operations. The report then delves into the key aspects of risk management, including the identification of project risks, such as technical issues like cabling problems and electrical grounding, and financial risks like over budgeting. The analysis of these risks, including their potential impact and probability, is presented in a risk register and matrix. Furthermore, the report covers project treatments and tools, including risk avoidance, mitigation, transfer, and acceptance. It provides a risk assessment register detailing control measures and then discusses the monitoring and controlling of project risks. The report concludes by assessing the outcomes of risk management and providing recommendations for improvement.

Running head: PROJECT MANAGEMENT
Network and infrastructure in an Enterprise
Name of the Student
Name of the University
Author Note

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Table of Contents
Introduction..............................................................................................................................2
Importance of risk management.............................................................................................2
Identification of project risk...................................................................................................3
Analysis of project risk............................................................................................................3
Risk register..........................................................................................................................4
Risk matrix...........................................................................................................................5
Project treatments and tools...................................................................................................6
Risk assessment register......................................................................................................7
Risk matrix...........................................................................................................................9
Monitoring and controlling the project risk........................................................................10
Assessing the risk management outcomes............................................................................11
Conclusion...............................................................................................................................14
References...............................................................................................................................16

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Introduction
This report mainly focuses on network and infrastructure implementation in an
enterprise (Bromiley et al. 2015). This assessment represents the risk management of this
topic. Generally, network and infrastructure is one kind of technology with lots of hardware
as well as software throughout the entire network that helps to enable the overall network
connectivity as well as communication and also operations of an organization network
(Brown and Moles 2014). Moreover, this technology gives the appropriate communication
path as well as services within two or more than two users, processes as well as applications.
For being this technology as beneficial, it has been used by most of the businesses in their
daily aspects. This report represents the identification of project risks, analysis of these risk
and also the process of monitoring as well as controlling of the project risks (Fitó and Guitart
2014). Because according to the risk management, they are preliminary steps and the
identification of risk is necessary to achieve the smooth progress of the project and also the
monitoring as well as controlling of project risks is also important for controlling the project
risks so that they cannot largely effect on the project. For executing this project in a smooth
way, the risks management is necessary in this project management.
Importance of risk management
Risk management is a procedure by which the identification of project risks is
properly done. This management process ensures the minimization of project risks so that it
cannot affect its impact on the project. The risk management consists of such steps by which
the risks are minimized. In the risk management, the following steps are as identification of
risk, analysis of risk, risk control as well as risk treatment (Grote 2015). This risk
management is too much beneficial for the project management. Because it saves valuable

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resources like time, assets as well as people. It provides the decrement of legal liability as
well as increment of stability of project. It also reduces the threats related to the project.
Identification of project risk
The identification of risk is the main factor for the project management and also a
process of defining the project risk (Ho et al. 2015). Because it ensures the following risks
that will have a possibility of happening during the execution of the project. This phase is
necessary in the project management because if the risks are identified then the project will
execute in a smooth way. In the implementation process of network infrastructure in an
enterprise, there are a number of risks that are involved in this project (Hopkin 2018). The
risks are related to technical as well as financial field. According to the financial field, the
project risk may be as over budgeting. In addition to this, if it has been seen as per the
technical field, the project may be as lack of managing cabling as well as electrical grounding
technique etc. However, the other issue is like delay in supplying hardware.
Analysis of project risk
After completing the identification of risk, it is necessary to analyse the project risk to
achieve an effective project. In the analysis process, it needs to determine risk explanation,
impact of risks and probability of occurrences of risks as well as risk owner. In the risk
explanation, the project risks are properly explained (Kliem and Ludin 2019). There are
different kind of risks related to this network infrastructure. The risks are may be as technical
or may be as financial (Lam 2014). The financial risks may arise due to some budget related
problems like over budgeting. By using this risk management, the over budgeting exploits the
feasibility of this project. The technical risks may arise due to some technical faults. The
technical faults may be as lack of managing proper cabling or lack of proper implementation
of electrical ground technique etc. For the electrical grounding technique problems, in future

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the employees may have faced several issues related to this problem. According to the risk
management, the risks may be arise due to such security issues (Lundqvist 2014). For the
security issues, the risk may be as cyber attacks by which the network infrastructure is greatly
affected. By occurring cyber attacks, many sensitive data may be stolen. To resolve this
problem, it needs to implement the proper security related software so that the project can
avoid this kind of issues. The following project risks are given as follows:
Risk register
Sl.
No.
Risk
type
Risks Risks
explanation
Impact Probability Risk Owner
1. Technical Lack of
managing
cabling
If the proper
cabling
technique is not
maintained
therefore this
kind of risk may
arrive
Very
High
High System
Engineers
2. Financial Over
budgeting
If the project
does not follow
the budget
scheduling
therefore this
kind of risk may
arrive in this
project
High High Finance
manager
3. Technical Electrical This risk will High Medium Electrician

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grounding
technique
happen due to
lack of
concentration in
implementation
of electrical
grounding
4. Material
related
Delay
supplying
hardware
This risk will
occur due to
delay supplying
of hardware by
suppliers. In
that case, the
suppliers do not
follow ther
timeframe of
this project
Medium Low Supplier
5. Technical Cyber
attacks
This type of risk
may arise due to
lack of
involvement of
proper security
services
Very
High
High System
Developer

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Risk matrix
Probability
V HH 2 1
M 3
L 4
V l
V L L M H V H
Impact
Figure: Risk matrix
(Source: Created by author)
Project treatments and tools
After completion of analysis of project risks, the project treatment and tools are
important in the risk management (Manuj, Esper and Stank 2014). There are four steps in the
category of project treatment and tools. The following four steps are as avoidance of risk, risk
mitigation, transfer of risk as well as acceptation of project risk. In the case of avoidance of
project risk means that to avoid the risk that are related to this project. The avoidance of risks
ensures the smooth path of this project. Also, the process of avoidance of risks helps to
implement the project in an efficient way (McGregor, McGregor and McGregor 2014).
However, the risk mitigation defines the process which helps to mitigate the project related
risks. Because the risks may create several obstruction during the execution time of this
project. Thus, in that matter, the mitigation of risks help to reduce the failure of the project.
According to the transfer of risk of the process of transferring the risk to the third party for

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solving the risks. Because in this case, the third party plays an important role for the diluting
the consequences of the project risks (McNeil, Frey and Embrechts 2015). In addition to this,
the acceptation of project risks defines the process of acceptance the project risks. This kind
of risks are generally unavoidable in nature and they cannot affect strongly on this project. In
this section, a table is created for analysing the risks as well as the peoples who are suffered
due to these project risks. The table is given as follows:
Risk assessment register
Sl No Risk Who
could be
affected
Severity Probabilit
y
Risk
rating
Control
measures
1. Lack of
managing
cabling
Employees High High 6 The system
engineers
have to
check all the
cablings of
the
networking
system
before the
finishing of
this project
(Oliva 2016).
2. Over
budgeting
Finance
manger
Very High High 5 The project
manager
needs to

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follow the
budget
scheduling to
avoid this
kind of risks.
3. Electrical
ground
technique
Employees Medium Medium 5 To avoid this
risk the
electrical
engineers
need to
implement
proper
electrical
grounding.
4. Delay
supplying
hardware
Project
manager
as well as
workers
Low Low 3 It is the
responsibility
of project
manager to
give
reminder to
the suppliers
so that they
can supply
the hardware
in proper

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timing (Paté‐
Cornell et al.
2018).
5. Cyber
attacks
Employees Very High High 8 It needs to
implement
the proper
security
services so
that there is
any security
issues
happen.
Risk matrix
Probability
V HH 1 2,5
M 3
L 4
V l
V L L M H V H
Severity

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Figure: Risk matrix
(Source: Created by author)
Monitoring and controlling the project risk
According to the risk management, the monitoring and controlling of risks are the last
steps to monitor the project risks. In this phase, the project risks are monitored as well as
controlled in an appropriate way (Pritchard and PMP 2014). With the help of this phase, the
risks are properly tracked so that they are prevented during the execution of the project. In the
monitoring and controlling phase, some of the processes should be done by the project
manager as well as the overall project team. The steps that are followed by the overall project
team are proper maintain the risks register. After maintaining the risks register, it must be
implement the proper risk response plans and according to this risk response plan it must be
performed the control process of risks. Also, the auditing of risks are essential in the case of
risk management. In this case of implementation of network infrastructure in an enterprise,
the project manager has the responsibility for checking the team performance that may create
problems in this project (Sadgrove 2016). According to the controlling of risk, it has been
provided some recommendations as well as suggestions that are necessary for reducing the
rate of the project risks. Here, in this case, it should be maintain the proper quality of cabling
so that the technical risks can be avoided. Also, not only the cabling issues but also the
electrical ground techniques are involved in this risks management of this case project. It
should be proper implemented the electrical grounding so that in future any type of risks have
not faced around this category. Also, not only the technical issues but also financial issues
may be found in this project. For solving the financial issues, it must follow the proper budget
analysis so that the correct amount of cost will occupy in ache of the steps in this project.

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Moreover, the security issues are also found in this project. It should be implemented the
cyber security for avoiding the cyber attacks.
Assessing the risk management outcomes
After analysing the monitoring and controlling phase of the risks management, it has
been stated to gain some advantages from this risk management (Sidagni, NOPSEC 2014).
This project outcomes is the process of measuring the determination of the risk management.
Find out the problems related to the project – By using the risk management, it is possible
for the project manger to find out the issues that are occurred in the project and by using this
principle, the progress of the project can be easily analysed.
Consciousness on the issue – Due to risk management, the arrived problems in the project
can be easily sorted out and after that, it is not difficult to the project manager to evaluate the
process of mitigation of these issues so that the performance of the project can run in a
smooth way (Sweeting 2017).
Catching good class decision making – With the help this risk management, the decision
making process is easily taken by the project manager to execute the project in an efficient
way.
Raising of communication – Due to the risk management, the communication process makes
with a better quality because after the identification of risks from the project, the project
manager can easily communicate to the team member to find the way of mitigating these
risks.
Clearance of escalations – The risk management helps to identify the project risks so that the
disappointment of the project can be decreased. As a result, the escalations are removed with
the improvement of the project.