Agenda for Discussion Risk Management Stakeholder Analysis
Risk Management
Risk Profiles
Risk Assessment
Risk Strategy
Risk Profile Questions
The Team
How large is the team?
What % of the team is dedicated to project?
What is the experience level of the stakeholders?
Have these team members worked together before?
Is the team spread out geographically?
The Client
Are the clients from multiple departments or divisions?
Will roll out of the DW result in changes to existing processes?
Have these clients looked at the quality of their data before?
The Technology
Will there be technology that is new to this development team?
Will there be technology that is new to the clients or users?
Will there be leading-edge technology used?
Risk Analysis
What Are Some Common DW Risks?
Common DW Risks
Resistance at the cultural level asking the customer relationship to be shared across the organization
Staffing support requirements are underestimated.
Number of users of the technology were underestimated
Business unit does not provide good people for the project
Several business units cannot agree among themselves
Business priorities change
Existing business process is in poor condition
Business unit management resists change
Sponsor not available
New sponsor
Other work has higher priority for the business unit

Common DW Risks Cont.
The technology does not interface or integrate with existing systems.
A newer version of the technology will be available soon
The performance of the technology is not satisfactory
Technology in use is obsolete
Lack of support from the vendor
Vendor attempts to take over the project
Vendor provides the wrong staff or has high staff turnover
Project manager pulled to another project
Performance not as expected
Turnover of project team members
Delays in vendor responses to problems
Data quality issues

Risk Analysis Example
Risk Lessons Learned
Select an executive steering committee that will support the initiative throughout its lifecycle.

Ensure the plan includes scenarios on how the data warehouse is expected to generate and support bottom line improvements.

Find the best project manager who has strong interpersonal and communications skills, understanding of business issues, ability to mobilize quickly, ability to build a good team, and have the courage to make tough decisions — and acquire them at all costs.

Insist on an achievable execution plan and on a proactive communication strategy.

Monitor your vendor relationships closely.

Avoid creating additional risk by rushing, under staffing, under funding, or ignoring the obvious.

Do not take the risk if the benefits are not identified or the risk does not achieve a defined project objective

Manage and analyze your assumptions, as you would risk. Changing assumptions are additional risk events.
Managing Stakeholders (A Risk Strategy !)
Stakeholder management is a must in order to generate synergy and minimize conflict among key players. Paul C. Dinsmore
How Do You Know Who Holds The Stake?
Identify / Analyze
Example
Strategize
Steering Committee = Sponsor
Thank You for Allowing Me to Share Some of My Experience !
Gina Davidovic, PMP
[email protected]
www.Bay3000.com

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