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Using the Delphi technique, your team constructed the following risks register for the VoIP project containing the risk, the likelihood of its occurrence on a scale of 1 (least likely) to 5 (most likely), and the potential negative impact on the project on the same scale. In addition, they recommended the appropriate response and identified its type for one of the risks identified.
#
Risk
Likelihood (1-5)
Impact (1-5)
Response Type
Response
1
Project Delay due to lack of resources
3
5
2
Project runs out of funds before completion
Users reject new system
4
Defective Hardware
New government regulations introduced during deployment increase the cost of running VoIP.
6
A Yearly Renewal Fee issued on the legacy system due to delay of over 30 days in deployment of the new system
Mitigation
Schedule check 30 days before project deadline to determine if action needs to be taken to avoid delay. Decision tree will be utilized.
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