Risk Management Matrix

Risk	Impact	Mitigation
Development risks Unavailability of tools for design and analysis Inadequately trained project team members.	High The lack of necessary technology poses a threat to the completion and quality of the project. Lack of skills among staff may derail the completion of the project. Skills also significantly impacts on the quality of the final product.	Ensure adequate training of project team members to reduce the risk of project failure. Develop a plan to ensure that all project requirements are catered for before the project begins.
Resources Inadequate resources to support the completion of the project. Lack of sponsors	Medium Additional resources may be required to complete the project. This leads to cost overruns and delay in project completion. Lack of resources may hinder the completion of the project.	Proper budgeting
Technological risks The unavailability of required technology to build the application. Poor understanding of the new application. Poor integration of components into the project. Restriction to access of required technology.	Medium May cause delays in completion of the project. Negatively impacts on project quality	Implement policies and procedures on access to technology. Conduct Staff training
Scope risks Schedule slips If additional efforts are required than initially estimated. The introduction of new changes during the development process. Project expansion may necessitate the addition of resources.	High A delay in one task may lead to delays in related tasks Delay in completion of the project Leads to budget overruns	Development of a project plan to reduce the risks of scope changes. Proper budgeting for the project and other contingency requirements. Adequate allocation of resources.
Client The client may lack adequate technical resources to operate and maintain the application.	Low Poor project quality	Allocate resources towards client staffs training before delivering the project.

  

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