Page 190 - DCAP304_DCAP515_SOFTWARE_PROJECT_MANAGEMENT

Software Project Management

Notes Prompt Lists

Risks here will be identified by logical examination of each Program or Project aspect. Following
is a list of common areas from which risk can arise:

External
Infrastructure Relating to infrastructures such as computer networks, transport systems
for staff, power supply systems
Economic Relating to economic factors such as interest rates, exchange rates,
inflation
Legal & Regulatory Relating to the laws and regulations which if complied with should
reduce hazards (E.g. - Health and Safety at Work Act)
Environmental Relating to issues such as fuel consumption, pollution
Political Relating to possible political constraints such as a change of government
Market Relating to issues such as competition and supply of goods
Act of God Relating to issues such as fire, flood earthquake
Financial
Budgetary Relating to the availability of resources or the allocation of resources
Fraud or Theft Relating to the unproductive loss of resources
Insurable Relating to the potential areas of loss which can be insured against
Capital Investment Relating to the making of appropriate investment decisions
Liability Relating to the right to sue or be sued in certain circumstances
Activity
Policy Relating to the appropriateness and quality of policy decisions
Operational Relating to the procedures employed to achieve particular objectives
Information Relating to the adequacy of information which is used for decision
making
Reputational Relating to the public reputation of the organisation and consequent
effects
Transferable Relating to risks which can be transferred or the transfer of risks at
inappropriate cost
Technological Relating to the use of technology to achieve objectives
Project Relating to project planning and management procedures
Innovation Relating to the exploitation of opportunities to make gains
Human Resources
Personnel Relating to the availability and retention of staff
Health and Safety Relating to the well-being of people

Brainstorming or SWOT Analysis

Within SWOT analysis risks are identified by looking at the Strengths (or perceived Strength),
Weakness, Opportunity & Threats to the success of the project or program. This is usually done
within a Workshop environment.

Facilitated Workshops
Within SWOT analysis risks are identified by looking at the Strengths (or perceived Strength),
Weakness, Opportunity & Threats to the success of the project or program. This is usually done
within a Workshop environment.
Interviews

Interviews conducted to identify risk will only be successful where there is:
 Good preparation;
 Clear objectives;

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