Risk Management Plan
List the risks, assess their severity and probability, and try to consider measures on how the most serious / probable risks could be prevented in advance. In addition, it would be good to have a plan of how to act if the risk materializes. Attach the following section here:
RISK ID | Description | Severity | Probality | Responsible | Action in case the risk escalates |
---|---|---|---|---|---|
RIS01 | Team member gets sick | S5 | 3 | Team member | Inform the team and the client if necessary. |
RIS02 | Git or other tool doesn't work | S3 | 4 | Team members | Try to work on the project by other ways. |
RIS03 | Team member oversleeps | S5 | 3 | Team member | Join on meeting as soon as possible. |
RIS04 | Difficulties with issues etc | S2 | 3 | Team members | Ask help from other members or tutors/coaches |
RIS05 | Security vulnerabilities in the chosen technologies | S3 | 3 | Security team | Regularly update and patch the software components, perform security audits, and follow best practices to mitigate potential security risks. |
RIS06 | Key team member leaves the project | S2 | 4 | Project manager | Assess the impact on the project, redistribute responsibilities, and consider recruitment or knowledge transfer if necessary. |
RIS07 | Lack of sufficient testing or quality assurance | S2 | 4 | Testing team | Review and improve testing processes, allocate dedicated resources for quality assurance, and conduct thorough testing at all stages. |
RIS08 | Incompatibility issues between different software versions | S3 | 3 | Development team | Perform thorough compatibility testing, maintain version control, and collaborate with stakeholders to address any compatibility issues. |
Severity descriptions
The severity class should be defined according the project
Severity class | Description | Other |
---|---|---|
S1 | Force Major - Total show stopper | |
S2 | Significant impact on project progress | |
S3 | Possible | |
S4 | Minor impact, minimal disruption | |
S5 | No immediate affect, to be observed |