Project Risk Table Report - Swinburne University ICT10001

This report presents a detailed project risk table created for a new website project. It systematically categorizes potential risks into technical, financial, and human resource areas. Under technical risks, the report identifies safety hazards, poor integration, and cross-platform compatibility issues, proposing solutions like secure password mechanisms, automation, and CSS frameworks. Financial risks are addressed through budget management strategies, while project limitations like poor quality and exceeding timelines are mitigated by meticulous planning and time management. Human resource challenges, such as lack of team communication, are tackled by emphasizing team roles and arranging regular meetings. The report provides a comprehensive risk assessment and offers practical solutions to ensure the project's success.

Running head: PROJECT RISK TABLE
Project Risk Table
Name of the Student
Name of the University
Author’s Note:

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PROJECT RISK TABLE
Project Risk Table
Category Risk Risk
Rati
ng
Possible Solutions Monitoring and
Controlling Methods
Technical Safety hazards,
which could
lead to hacking
of the website
Implementation of
access control
mechanisms is the
first possible
solution of safety
hazards in the new
construction website
(Kliem and Ludin
2019).
Complex passwords are to
be created for accessing the
applications, website and
accounts of the users with a
combination of upper and
lower case letters, numbers
and special characters.
Moreover, two step
verification and
authentication is also
effective for monitoring
and controlling the
methods.
Technical Poor Integration.
This occurs,
when
engagement and
traffic are
disturbed
majorly and
opportunities
Consolidation of
disparate
applications is one of
the most effective
solution to the issue.
Hence,
communication
could be streamlined
These methods could be
easily monitored and
controlled by automation of
the common business
procedure and reducing
dependency on the custom
solutions.

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PROJECT RISK TABLE
become limited. and more control,
visibility and
automation is being
gained. B2B/ EDI
integration
connectors are
effective for
customization as
well as integration
without any type of
additional scripting
(Kendrick 2015).
Technical Failure in
incorporation of
specific plugins
into the
construction
website.
Using other website
hosting services like
Bluehost and
Reseller web hosting
for the new
construction website.
These two hosting
services provide
better technical
control and free
website templates.
Checking on the
functionalities of these
plugins into the website in a
periodical manner, so that
identification of errors
become easier.
Technical Cross platform
compatibility,
CSS frameworks
such as Bootstrap
Defining a valid Doctype
would be the first method

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PROJECT RISK TABLE
which refers to
the
interoperability
or platform
independence. It
is the ability for
software
applications to
work with
operating
system and
hardware
platform.
and Foundation to
make it easier.
to control and monitor these
issues. The tool of
CrossBrowserTesting
provides access for more
than 1500 browsers and
hence the issue would be
monitored.
Finance The paid tools
and services
required to
develop this new
website, might
be extremely
expensive for
the web hosting
and paid
plugins.
Organizing the cash
of group, where all
the team members
would donate a fixed
amount of money
and this amount will
be given back at the
end, when not
utilized.
Assigning finance manager
to the website, who would
be responsible for
maintaining financial
budget for the website
would be effective
(Marcelino-Sádaba et al.
2014).
Project
Limitation
Poor Quality, by
which project
Making an effective
plan for the project
Project requirements are
required to be focused and

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PROJECT RISK TABLE
becomes of poor
quality.
and controlling of
quality.
it is needed to remain stick
to the requirements.
Project
Limitation
Exceeding
Time, by which
project could
exceed given
time.
Making project
schedule and
prioritizing the time
management skills to
ensure project does
not exceed time.
Taking updates regularly to
ensure that project progress
is going as per planning and
hence delays are avoided.
Human
Resources
Engaging team
members. This
becomes
problematic
since every team
member might
not be able to
get involved
directly
Ensuring that every
team member is
getting equal
importance in the
work.
Dividing the task as per the
strengths of every team
member and hence
maintaining equality
throughout.
Human
Resources
Lack of team
work, in which
team members
do not work
with each other
as a team.
Ensuring that all the
team members are
aware of their roles
and assigned tasks
and arranging
periodical meetings
amongst each other.
Maintaining
communication and
resolving of internal
conflict from the first day
of the project (Cagliano,
Grimaldi and Rafele 2015).

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References
Cagliano, A.C., Grimaldi, S. and Rafele, C., 2015. Choosing project risk management
techniques. A theoretical framework. Journal of Risk Research, 18(2), pp.232-248.
Kendrick, T., 2015. Identifying and managing project risk: essential tools for failure-
proofing your project. Amacom.
Kliem, R.L. and Ludin, I.S., 2019. Reducing project risk. Routledge.
Marcelino-Sádaba, S., Pérez-Ezcurdia, A., Lazcano, A.M.E. and Villanueva, P., 2014. Project
risk management methodology for small firms. International journal of project
management, 32(2), pp.327-340.