Risk management, Risk Management

Several issues have arisen on the Kauri Café Project. Four months have passed since the project started. ABC Co. are complaining about not being paid appropriately you initially thought you would only need a small amount of customization of the outsourced software, but now the supplier says the customization will cost another $50,000 over their initial budget. The existing POS software is not compatible and new hardware and software is necessary or you could try to create an extension to the existing system that will allow the two systems to communicate.  The POS is windows based and the interface with the order data from the iPad devices is not as feasible as first thought.  Brian went to senior management (without telling you), and suggested purchasing much cheaper Android based tablet devices. Your two information technology specialists, Jet and Lena, came and told you that they both feel that they are being underutilized on the project. As project manager, you have been getting short, weekly status reports from all of your team members, but many of them did not address challenges people are obviously facing.  
You can see that several problems have been occurring on the Kauri Cafe Project. You have decided to be more proactive in managing risks. You also want to address positive and negative risks.

Posted Date: 3/6/2013 4:21:14 AM | Location : United States

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