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Unit 4 Assignment 1.docx IS 3110 Unit 4 Assignment 1 Risk Assessment Approaches As th

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Unit 4 Assignment 1.docx IS 3110 Unit 4 Assignment 1 Risk Assessment Approaches As the network administrator a representative for U.S. Industries I have drafted a brief qualitative and quantitative synopsis detailin ...

Unit 4 Assignment 1.docx IS 3110 Unit 4 Assignment 1 Risk Assessment Approaches As the network administrator a representative for U.S. Industries I have drafted a brief qualitative and quantitative synopsis detailing the risks involved with completing this project on time, one month early and two months behind schedule., both with and without the required security measures. 1.Estimate the risk of bringing the project to completion: I.On time: Little to no risk as the project would be developed and fully operational within the specified time limit of the contract. II.One month early: This would give us more time to test/debug and bring the network into full production with more than enough time to fix any minor issues that arise, if any. III.Two months late: First and foremost, the risk is financial. This contract stands to bring in $20 Million annually to U.S. Industries. On the low end, we stand to lose 4% (2% for each month late) of the contract fees. This could add up to a significant amount. $20M “ 4% = $19.2M this would be a realization of $800K lost. On the other end of the scale, if we are not able to get the whole project up in production, then we would risk losing the contract another bidder. 2.Estimate the risks of bring the project to completion: I.On time, but not with the require security: Technically the project is complete, but there is a security risk that may violate the contract since the company did not provide the required services stated in the contract. This in. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .

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