CONTINGENCY PLAN OR MITIGATION PLAN OR BACK-UP PLAN

To overcome the risks, a contingency plan has to be made. At least to reduce the percentage from 100% to 20%

Let us consider an example for 5, 6,7

Flow of Work

In the project, the assumption we have made is that all the 3 test engineers will be there till the completion of the project and each are assigned modules A, B, C respectively. The risk is one of the engineers may leave the project mid-way. Thus, the mitigation plan would be to allocate a primary and secondary owner to each feature. Thus, one engineer quits – the secondary owner takes over that particular feature and helps the new engineer to understand their respective modules. Always assumptions, risks, mitigation plan are specific to the project.

The different types of risks involved are,

Ø  Resource point of view

Ø  Technical point of view

Ø  Customer point of view