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Topic: Technology
Number of pages / Number of words: 7 / 1908
Essay's paper body

These are generic risks factors which are common to most of the projects. The leading risks to the upgrade process, relating to our case scenario, are:

- Change in management priorities

- Skill and competency gaps

- Lack of team synergy and Commitment

- Poor selection of team

- Lack of clarity of objective

- Nature or Manmade disasters

Any change in the following parameters does not increase the percentage of risk and does not endanger the project any further...


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The list of parameters is:

- the number of application/database users,

- the commitment from the management,

- the corporate culture,

- the number of people on the upgrade team,

Technical Risks:

Technical risks comprise of risks relating to hardware, software, and network resources. The factors which can and/or will influence the technical risks are:

- Platform

- Applications Complexity

- Extent of functionality used

- Stability of the release

- Customizations in the Applications code

- New functionality

- Integration of modules

- New technology

- Network resources

- Legacy systems and standards

In Oracle Application upgrade project, the possible risks which can dampen the motivational level of the upgrade project are:

- Skill and Competency level of the upgrade team

- New issues coming into picture

- Availability of the network resources

- Legacy systems and standards

- Stability of the release

Risk Prioritization:

Once the risks have been listed and categorized, it is very important to prioritize it so that adequate resources can be allocated to monitor the possible risks and help the project sail through to success...


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