Digital Media Project Risk Assessment
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- Words: 507
- Pages: 3
Matt Angwin
Digital Media Project Risk Assessment Doko inc. is a small multimedia design company, which specializes in multimedia projects, web design, 3D modelling and creative designing. As a fairly new company its of absolute importance that we analyse the potential risks involved in order to avoid problems occurring as well as come up with a strategy plan in order to deal with such problem if and when they occur.
E–
Extreme
H – High
M – Moderate
Likelihood Insignifican t Almost certain Likely Moderate Unlikely Rare
E
E
M L L L
H M L L
H H M M
E E H H
Impact of a risk Unlikely to happen and/or have minor or negligible consequences Possible this could happen and/or have moderate consequences Likely to happen and/or have high consequences Very likely to happened and/or have extreme consequences
3 High 4 Extreme
Badlydesigned workplaces Cultural conflicts
Inappropriate skills mixes
Major
H
2 Medium
Risk
Consequences Minor Moderate
H
Rating 1 Low
Risk Group
L – Low
Human Resources Likeliho od Unlikely
Impact
Risk Score
Action
Low
1L
Try my best to keep everything in order
Rare
Moder ate
2M
Unlikely
High
3H
As it is very unlikely that this will occur, I choose to deal with this problem when/if it arises I doubt very much that this will occur, but if it does, I’ll just have to
1
Matt Angwin
Insufficient technical skills
Modera te
Low
1L
Loss of key personnel
Unlikely
Low
1L
Poor industrial relations Skills, training
Modera te
Low
1L
Unlikely
High
1
Likely
Moder ate
2M
Inexperience d personnel
Unlikely
Low
1L
Planning and scheduling conflicts
Likely
Moder ate
2M
Poor cash flow
Rare
Low
1L
Defective products
Unlikely
Extrem e
4E
Client service
Unlikely
Moder ate
2M
Computer breakdown
Unlikely
High
3H
Likely
Moder ate
3H
Succession planning
Contingency planning
2
deal with it when/if it happens I am quite confident that I have the necessary skills to complete this project Since I am the only one working on this assignment, I don’t really have to worry about this happening I am very certain that my skills will service this unlikely problem I am quite confident that I have the necessary skills to complete this project As this is likely to happen, its best to follow the project plan as best I can I am quite confident that I have the necessary skills to complete this project As this is likely to happen, its best to follow the project plan as best I can This is very unlikely to occur, besides the point that its not really a factor in this project To avoid this, its vital that I just test out the prototype as much as possible I am very certain that my skills will service this unlikely problem In order to avoid any major conflicts when/if this were to occur I will have another computer on standby As this is likely to happen, its best to follow the project plan
Matt Angwin as best I can
3
Digital Media Project Risk Assessment Doko inc. is a small multimedia design company, which specializes in multimedia projects, web design, 3D modelling and creative designing. As a fairly new company its of absolute importance that we analyse the potential risks involved in order to avoid problems occurring as well as come up with a strategy plan in order to deal with such problem if and when they occur.
E–
Extreme
H – High
M – Moderate
Likelihood Insignifican t Almost certain Likely Moderate Unlikely Rare
E
E
M L L L
H M L L
H H M M
E E H H
Impact of a risk Unlikely to happen and/or have minor or negligible consequences Possible this could happen and/or have moderate consequences Likely to happen and/or have high consequences Very likely to happened and/or have extreme consequences
3 High 4 Extreme
Badlydesigned workplaces Cultural conflicts
Inappropriate skills mixes
Major
H
2 Medium
Risk
Consequences Minor Moderate
H
Rating 1 Low
Risk Group
L – Low
Human Resources Likeliho od Unlikely
Impact
Risk Score
Action
Low
1L
Try my best to keep everything in order
Rare
Moder ate
2M
Unlikely
High
3H
As it is very unlikely that this will occur, I choose to deal with this problem when/if it arises I doubt very much that this will occur, but if it does, I’ll just have to
1
Matt Angwin
Insufficient technical skills
Modera te
Low
1L
Loss of key personnel
Unlikely
Low
1L
Poor industrial relations Skills, training
Modera te
Low
1L
Unlikely
High
1
Likely
Moder ate
2M
Inexperience d personnel
Unlikely
Low
1L
Planning and scheduling conflicts
Likely
Moder ate
2M
Poor cash flow
Rare
Low
1L
Defective products
Unlikely
Extrem e
4E
Client service
Unlikely
Moder ate
2M
Computer breakdown
Unlikely
High
3H
Likely
Moder ate
3H
Succession planning
Contingency planning
2
deal with it when/if it happens I am quite confident that I have the necessary skills to complete this project Since I am the only one working on this assignment, I don’t really have to worry about this happening I am very certain that my skills will service this unlikely problem I am quite confident that I have the necessary skills to complete this project As this is likely to happen, its best to follow the project plan as best I can I am quite confident that I have the necessary skills to complete this project As this is likely to happen, its best to follow the project plan as best I can This is very unlikely to occur, besides the point that its not really a factor in this project To avoid this, its vital that I just test out the prototype as much as possible I am very certain that my skills will service this unlikely problem In order to avoid any major conflicts when/if this were to occur I will have another computer on standby As this is likely to happen, its best to follow the project plan
Matt Angwin as best I can
3
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