Risk Management Analysis on Network Infrastructure

Risk Management Analysis
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Risk Management Analysis
Determining if each of these five items present a negative risk or positive opportunity to the project.
The network infrastructure is problematic in certain areas of the state, meaning that the existing infrastructure may not support the deployment of the e-mail system in all necessary areas.
The above scenario presents a negative risk since the probability of problems arising during the deployment of the e-mail system is considered to be high. This is because problems in some areas of the state with the network infrastructure could lead to limitations and delays in implementing the system (Godfrey et al., 2020). As a result, more funding would be required to further upgrade the infrastructure, thus increasing the project timeline and the associated costs, which were unplanned at the onset.
Several of the vendors have offered to develop specialized e-mail address books and templates for the state users if their product is selected.
This scenario is a positive opportunity for the project since a number of the vendors are willing to develop specialized e-mail address books and templates if their product is selected. This is important because it grants the users customized options that would be suitable for their operations. Furthermore, this assists with the functionality and overall usability of the e-mail system, thus leading to higher satisfaction rates among users, which is a value add opportunity in the project.
In the resource planning stage of the effort, you've identified that the project lacks two network engineers and a business analyst who would be responsible for project documentation.
This scenario presents a negative risk to the project due to the potential risk of missing key personnel that would be important in the project (Godfrey et al., 2020). The lack of network engineers and a business analyst who are essential in the processes of project documentation and resource planning would lead to gaps in both manpower and required expertise that would increase the probability of the project being successfully implemented. As a result, this would mean that existing team members would be overloaded with work while further risking potential issues in the documentation and resource planning aspects.
The existing budget plan does not cover the anticipated 20% increase in licensing for one of the key candidate products under consideration (Globalcom).
This scenario presents a negative risk to the project since the budgeting lacks the miscellaneous 20% increase in licensing costs that are expected during the implementation of one of the key candidate products. Such oversights in the budget plan can lead to cost overruns and unplanned financial constraints (George, 2020). In the long run, this would negatively affect the selection process of the desired process, either leading to the selection of a cheaper alternative or increasing budget allocation that would affect other items in the overall budget.
All the products under consideration for purchase offer more substantial discounts for more users. The statewide Ohio Department of Taxation is considering adopting one of these e-mail systems, as we...