Risk Analysis Methods:

Individual Case Study #2

Risk Analysis Methods: Consulting the vatic Synaptic Corporation
Sunita Goel

PMAN 637, UMUC


Introduction
Background
Risk in disdain is a reality. When risks argon well managed the rewards can be substantial; however, a business can run into serious trouble when risk is mismanaged as identified in the Synaptic case. This case study focuses on corporate risk management through the various stages of retch pre-planning to the completion of the close out phase. The Synaptic case exhibits how the end list method of risk analysis can be used through the life cycle of the realise.
There ar various uncertainties encountered in research projects, cost everywhereruns, and schedule slippage, all of which are no exceptions at Synaptic. There is a widening disconnect between the Information Management System (IM) course and the Computational Research Scientists (CSO). This separation that is alienating the two groups is the turn out of cultural differences, lack of communication, unclear definition of project scope, and the over lapping of roles and responsibilities between the two divisions. CSO department views IM as a hindrance to their projects and far way behind in technology.



IM is sorrowful with what they see as the unreasonable demands placed on their department by the CSO. These demands include time lines that lack prior planning, square-toed documentation, and coordination of events. This conflict has led to the CSO department creating their own IT department deep down their own division. This action has resulted in a technical misfortune for the company when large errors were found in the Synaptic database. A study conducted by Liu (2011, p. 274) found that user-developer conflict and role ambiguity can break negative impact on project performance.
To address the organizational challenges faced by Synaptic, I have been hired as a consultant to help decline the interdepartmental conflicts, act as a middleman for meditation...If you indispensability to get a full essay, order it on our website: Orderessay



If you want to get a full essay, wisit our page: write my essay .