Wednesday 27 January 2016

Project Risks & How to Cope Up with Them During Project Management


Previously we had discussed project management a lot. We discussed various huge benefits of project management tools and various other key qualities of project management and many other articles regarding them. And today we are  going to discuss various risks or other related problem indulged in project management. We also discuss various solutions by which we can cope up with such risks.

Before discussing today’s topic let us first summarize that what actually a project management system?? This small revision let our readers understand this topic easily and efficiently.
Actually, a project management system is a software application that helps users or clients to manage their project effectively. Project management system consists of various phases of management of the project. These phases are initialisation, analysing, designing, developing, execution etc.

Although there are various risks that are involved in project management. But actually, there is mainly 4 kinds of risks that generally occur. These risks are:
Scope risks
In scope risks, consider a situation when a client goes on adding various features the project and developer go on adding them  then the risk of scope might occur. I mean anyone can confuse that whether the resultant project is under scope or not.
·         Various integration issues
·         Risks related to hardware & software
·         Change in dependencies

Resource risk
It is that type of risk which occurs due to outsourcing and other personnel related issues. As we all know that in big companies or organisations, there are a number of employees who do work on complex and big projects simultaneously. As this needs a further complex situation that all employees should required resources in order to accomplish their tasks. Therefore, there should be a full proof resource planning in project management.

Scheduling risks
There are various situations in which a particular project can not accomplish in that scenario in which it was scheduled initially. And for these hectic situations, there could be various possible reasons.
For example, a test team cannot start their tasks until and unless the developer team finishes their task. In order to resolve these issues or problems, we are provided with the tools such as work breakdown structure (WBS)

Technology risk
This issue or risk is a severe consequence of software & hardware defects or a certain failure caused by underlying service or platform.


This is all for today’s blog and in our next post, we will discuss that how can we overcome such issues. Till then keep visiting our very own https://www.scopidea.com/