MIS 340 Lecture Notes - Lecture 21: Project Management, Deliverable, Internal Resistance

• School: Iowa State University
• Department: Management Information Systems
• Course: MIS 340
• Professor: Townsend Anthony

Document Summary

An uncertain event or condition that, if it occurs, has a positive or a negative effect on a project objective. Some probability that something negative will happen to a project ultimately affecting: the project"s budget, schedule, and/or deliverables. Risk planning: where to look for risk, assessing the risk (how big is it?, deciding how to handle it, developing a plan to handle risk. Risk from project management: project execution. Risk from the host organization: organizational support, funding and other resource support, organizational politics. Deliverable risks: technical problems, other problems. Organizational changes required: issues to consider. How easy will it be to deliver the products services. External risks: client and end users, vendors and other suppliers, regulatory risks, market dynamics, the physical environment. Technology and project management related: positive. Negative: rate of change in technologies. Upgrades and new releases: assumptions computer-generated output is always correct, formation of teams. Initiation stage: identification and selection of specific projects.