Summary
I have done my best to separate this this report in two separate categories according to subject.
Hopefully this breaks the report into manageable pieces for ease of understanding
Quantitative Risks
A quantitative risk is used when relating risks to the probability of a financial loss. So, the risks that will have an effect on the project are as follows:
The first and biggest Risk is the deadline. The reason being is that we only have 9 months to get this done and functional. If we have any hope of meeting this deadline we have to make sure deadlines are adhered to and that FISMA is kept in the loop as to what is going on.
The second greatest sets of risks is if we do not make deadline, this project will cost us another
100,000 per month of operation, with a cutoff of 3 months total before the project is terminated. This is a two fold problem. The first being that we do not have this per month charge put into our budget. So each
100,000 we lose gets taken from equipment, money set aside for new hires, etc. The second being that if we don’t make this happen in a year, we are losing out on a great fiscal opportunity.
The last and final risk is the hardware we are asking to install. With this hardware, we have to hire a small team of people to maintain/ use ity appropriately. These people have to be selected by a criteria we have to draft up and doing so is no simple task. Not doing the appropriate research in deploying this equipment/ hiring the
