How to identify the risks in detail level with your global team?
The problem is we can never be sure of all the risks.
We need a a dream tool to identify the critical Risks early on.
Key Point; Be prepared for pitfalls.
Roademap: ISO EPM FREE CNNT
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Part 1
Internal Risks are inside our project Team we can control
External are outside our project team harder to control
Part2 Internal Risks
[ISO]
<Socio-culture>
If we work on global project Cultural awareness Risk, we might have miscommunication and expectations.
If miss-communication happens, the project will be delayed
If a global projects has “miss-communication risk” than requirements might be poorly documented.
<Operational risks>
If experienced personnel leaves, project might be impacted.
If a critical team member is important, we have a replacement risk
If the project management methodology is different risk
ex.Difference of way of testing. Procedure White Box. not using white box
Part3 External
[EPM]
<Political Risks>
If a war happens, than Project will be impacted or cancelled
<Market>
If your competitor delivers a new product
[FREE]
<Financial-low level Risks>
If Outsourcing Company goes bankrupt, than the project will have an impact.
If the Exchange Rate moves widely, than the cost of the project will be over budget
<Regulational Risks>
If Intellectual Property impacts another country, than we have to fight or buy the patents.
If import/export is to complex, than project might be delayed.
<Environmental Risks>
CO2, project could impact the environment.
Actual or potential threat of adverse effects on living organisms and environment by effluents, emissions, wastes, resource depletion, etc., arising out of an organization's activities.
<Economic-Country level Risks>
If exchange rate changes, project may be over budget/under budget
[CCNT]
<Competitive Risks>
If some competitor changes, features, pricing it may impact your project
<criminal>
If information leaks, external impact. For example Hacker might attach critical info. Or Internal Risk member steal customer information on purposes
<Natural Disaster Risks>
If an Earth Quake happens than infrastructure is destroyed.
Pandemic If people get sick, project might be delayed: H1N1, SARS
<Technology>
If the technology changes the software/hardware might not be supported in the future.
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Roadmap Global Risk Prompt List: ISO EPM FREE CNNT
How to identify the risks in detail level with your Global team?
The problem is we can never be sure of all the risks.
We need a a dream tool to identify the critical Risks early on. Key Point; Be prepared for pitfalls.
The problem of risks versus issues
The timing of when to identify the risks
Unknown and known risks
To solve the risk with low cost
It is good to prepare for the risk happens
If we are prepared we can predict when risks happen and monitor
Find the expert who can tell everything. or we can create a Dream tool to find the lists
Be preparred for Pitfalls
Have a method or process to facilitate risk identification






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