Risk Description Mitigation Plan Contingency Plan Risk Type: People 1 Staff turnover Experienced staff will leave the project before it is finished. Workers should have strong motivation for work in terms of monetary or other rewards. II. Workers should be appreciated for what ever effort they put in the project. III. In case workers deliberately ignore their responsibilities, some kind of penalty shall be placed on them. Therefore there shall be some balancing threat to make them work. IV. Close monitoring shall be kept to know the status of work done by each individual and obtain any kind of possible hurdles Explain the remaining employees the reason for turnover and motivate them and offer benefits so that they is no further …show more content…
Hence all possible errors should be tested and verified carefully prior to system delivery. 5 Information and File Sharing Multiple users are working on multiple files at the same time may cause un-updated information and data files. To have a shared folder for collaboration of the the data and put in a proper communicating place and compile codes frequently to ensure its in good working order. In case, there occurs an anomaly, back up team should be assigned the task to reclassify the data and make an organized backup 6 DEVELOPER RUN AWAY WITH CODE/DOCUMENTS Whenever some new employee is hired, a contract shall be signed clarifying the ownership of the code / design created by the employee. II. There shall be some surety bond filled by the employee that he/she may not take away the technical material or shall not sell to other outside parties. III. If so, there shall be some legal penalty to prevent such theft Proper configuration management should be practiced so that if latest version is lost then at least one previous version remains available. So that project can be resumed from one step behind. II. This may cause in little tightening of the schedule and therefore shall be prevented by the rescheduling of the work by putting over time effort Risk Type : Organisational/Business 7 Supply
Strategies for prevention and mitigation at this point is to review the system and assure that this meets all the requirement that the company had intended to work at the end of the project.
Hire and train more staff, retrain the old staff, provide regulatory and policy guideline and security of job. Restore working conditions including overtime and health insurance.
My partners and I have made a list of areas that might cause the project delays or failure with their respective outcomes. We have listed the risk below that can prevent the project to finish on time.
High employee turnover, where workers frequently leave and must be replaced, leads to increased spending on recruitment and training and can indicate management problems. Employees often have good reasons for moving on but if too many are leaving an organisation, can be very disruptive.
Try to stop all the employees from leaving the company because when staff retention is poor when we also higher new employees they are taking time to learn about the company and whenever a new staff comes in must get proper training before they start doing the
Retaining employees is one way the turnover rate can decrease, Branham (2000), focuses on retaining valuable employees by incorporating four key elements. The first key elements is, “be a company that people want to work for”. There are many companies that have been labeled as, “employers of choice”. These employers all have something in common, which is how they value their employers (Branham, 2000). They treat their employees with respect and like family. With being an “employer of choice,” people are the most valuable asset; not just customers but employees too. Many companies go above and beyond for their customers, but not for their employees, yet they wonder why they are losing valuable talent.
The goal of the information disaster recovery processes and a robust contingency plan is to maintain the resiliency of General Hospital during any type of data disruption. Continuation of essential functions at all times requires the ability to adapt to changes and risks. The disaster recovery and contingency plans consider risk management and other security and emergency management activities that are
Employees require motivation, reward and encouragement for maximum productivity. Punishment to workers not performing is also mandatory to prevent cases of poor performance. Ethical considerations must be looked at and employees must follow rules and company policies for plans made by management to be successful. Workers and management relate like a family and this has enabled the company perform to its expectation. These plans are aimed at ensuring total customer satisfaction and delight.
Employee data (names and phone numbers), project data (project name), and job data (charge per hour and project hours).
The purpose of a risk assessment plan, and especially this one in particular, is to analyze the threats or dangers to the Defense Logistics Information Service, which is the largest logistics combat support agency for the Department of Defense. A proper risk assessment plan is vital to protect both the information we store for the military, as well as the troops and civilians that would be in danger should this data be compromised.
Internet surfing might be at risk in this product as web commenced is in used.
Employee retention has always been an important focus for human resource managers. Once a company has invested time and money to recruit and train a good employee, it is in their own best interest to retain that employee, to further develop and motivate him so that he continues to provide value to the organization. But, employers must also recognize and tend to what is in the best interest of their employees, if they intend to keep them. When a company overlooks the needs of its employees and focuses only on the needs of the organization, turnover often results. Excessive turnover in an organization is a prime indicator that something is not right in the employee environment. We will look at
Employee retention has always been an important focus for human resource managers. Once a company has invested time and money to recruit and train a good employee, it is in their own best interest to retain that employee, to further develop and motivate him so that he continues to provide value to the organization. But, employers must also recognize and tend to what is in the best interest of their employees, if they intend to keep them. When a company overlooks the needs of its employees and focuses only on the needs of the organization, turnover often results. Excessive turnover in an organization is a prime indicator that something is not right in the employee environment. We will look at
A project to manufacture, deliver and install a large power transformer is time and resource (material and labour) consuming, relies on services and products provided by more than one supplier, involves multiple expertise, and costs tens of millions of Rands. If a transformer fails, the cost of rectification can go as high as over 70% of the price of a new one. By so saying, risk management and contingency planning plays a key role in the management of such a project. In this report, the need and process of risk management as well as the types of risks in relation to the power transformer project are discussed.
As the data is exposed to the whole program there is no security for your data. This could mean that a new programmer could corrupt the data accidentally by creating functions.