Risk Management Plan for the City of Metropolis Geodatabase Project

Risk Management Plan for the City of Metropolis Geodatabase Project

Risk Identification and Analysis - Individual Project

Target Word Count: 1800-3000 words (this is just a target to provide a general idea on level of detail)

This assignment is to identify project risks, prepare a risk probability matrix, and carry out an analysis of selected risks and risk responses. You may use any appropriate communication and group collaboration tools to support your work on this Assignment.

Your team represents the City’s contractor selected by the City to carry out the City of Metropolis Geodatabase Design and Development Project. Download City of Metropolis Geodatabase Design and Development Project.Your company's senior management and the City's Project Manager have requested that you prepare a risk management plan that identifies potential risks and identifies risk management strategies. From the course content and readings, you know that the overall purpose of risk planning is to anticipate possible risk events and be ready to take appropriate action when risk events occur—to eliminate or reduce negative impacts on the project.

You may wish to begin this exercise with a brainstorming session with colleagues about potential risks to get candidate risks “on the table” for consideration by the team, and then identify and refine that wording for risks that have some realistic chance of occurring in this project. For example, potential weather problems present a real obstacle to completing field data collection by the planned completion date. It is also an issue that the project manager will ultimately have to plan for, as opposed to other issues that may more align with company policy, such as employee retention policies. Also, a major disaster (e.g., your office burning down), is not a high-enough probability event that requires much time in planning. As described below, you will select several of the identified risks and carry out a risk analysis.

In summary, the Risk Management Plan you submit should cover the following main parts:

• Cover page with prominent title and all necessary information identifying the course, assignment, author, and date. The main title of the document should be "RISK MANAGEMENT PLAN". The Cover Page should also reference "City of Metropolis" and the full project name and the name of your company. At the bottom of the Cover Page (right side is best), include the course name and number, assignment number, and date.
• Table of Contents.
• Summary of the project and its deliverables so the reader can understand the context for risk management in this project. Give a reasonable amount of detail about the deliverables and scope:

a) discssion of the field data collection, QC, and creation of new geodatabase feature classes,

b) explanaiton of the 2 MD4 custom GIS applications including software platforms (e.g., ArcGIS Pro, ArcGIS Online Field Maps)

• Explanation of risk management with a description of key terms (e.g., risk, risk event, risk response strategy, etc.). Make reference to the PMI PMBoK.
• Risk identification register which includes a comprehensive set of risks (for all aspects and deliverables of the project) organized into risk categories (e.g., "Technical/Operational"). This list should show, at a minimum, the risk ID number, a descriptive name* of the risk, and a short description. You can decide on your own risk categories. You should use an alphanumeric risk numbering scheme where the alpha code represents the risk category and sequential numbering within each category (e.g., TO1, TO2, etc.). You can decide on your own categories but the categories should be described.  A table format works best for this. That description can be one or two sentences that explain the risk event, condition, or circumstance and how it could impact the project.
• Risk analysis Select one risk and provide a detailed evaluation of that, including:

a) description of the risk,

b) triggers/indicators, and

c) description of appropriate risk response strategies--making reference to the PMI's response strategy types** (main ones are: Avoidance, Mitigation, Transference). It is a good idea to structure this s

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