StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Risk Management (article Critique) - Case Study Example

Cite this document
Summary
This paper is pertaining to the case study of the integrated management information system (MIS) of University of Mauritius presented by Rodrigues & Govinda (2003). The components of the MIS are - Human Resources Systems (HRS), Assets & Inventory Systems (AIS), Student Information System (SIS) and Admission & Nominal Roll System (ANS)…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.4% of users find it useful
Risk Management (article Critique)
Read Text Preview

Extract of sample "Risk Management (article Critique)"

Download file to see previous pages

CITS worked towards two different options of achieving the MIS system - procuring a ready to deploy software and in-house development of the MIS software from scratch. After assessment of pros & cons and the cost benefit analysis CITS decided to develop the MIS system in-house. However, this decision caused trouble times due to attrition of key people and lack of specialists. The project was finally completed with the help of final year students and an internal mentor who took the responsibility as part time assignment.

The article finally claims that the MIS system was deployed successfully. The fundamental problem in this case study was lack of appropriate Risk Management. The analysis of the two modes of MIS deployment presented on pages 45 & 46 (Rodrigues. and Govinda. 2003. 45-46) is not promising because it doesn't take into account any risk analysis. The decision of developing in-house was taken purely on financial benefits which again may not have considered the enormous hidden costs in the in-house development process.

Field & Keller (1998: 117) presented that after the risks are assessed and identified, the actions that can be taken are risk avoidance, risk reduction, risk transference, contingency planning and risk acceptance. The project plan of CITS largely ignored these aspects of risk mitigation and hence faced serious obstructions to the project due to attrition of key people and reluctance of end users in the data entry process. The documentation by CITS doesn't even include the project risk management part of the overall planning (Rodrigues.

and Govinda. 2003. 46). Hence, the CITS was greeted with multiple surprises especially due to the people specific issues. The attrition of the system analyst at a time when the decision of developing the MIS in-house was taken recently must have left the CITS with only the high level design documents. At this stage a lecturer was engaged to take the project further who later on utilized his final year students to carry out the coding. The author hereby argues that it is very unlikely that the low level designs and coding standards were established effectively for the project and hence the students might have used ready to compile codes that are available on the Internet.

From the author's perspective, a project managed in this mode might have lived with high risks related to bugs, quality, data security, etc. (although not mentioned specifically in the case study). Hence, the Project Manager might have taken the route of risk acceptance given that he was able to develop & execute a contingency plan that largely worked for him.Comparing with the IS checklist by Cadle & Yeates (2004: 257-261), it appears that many aspects of the checklist were not planned by CITS.

For example, the acceptance criteria, developer's skills, architecture aspects, testing methodologies, staffing requirements, etc, were not analyzed effectively in the MIS strategic plan documented by CITS. The entire plan

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Risk Management (article Critique) Case Study Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/business/1510213-risk-management-article-critique
(Risk Management (article Critique) Case Study Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/business/1510213-risk-management-article-critique.
“Risk Management (article Critique) Case Study Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1510213-risk-management-article-critique.
  • Cited: 0 times

CHECK THESE SAMPLES OF Risk Management (article Critique)

Critical Analysis of The General Theory of Employment by J. M. Keynes

Criticism on definition and management of unintentional unemployment.... The paper "Critical Analysis of The General Theory of Employment by J.... M.... Keynes" states that Keynes theory of unemployment was appealing in the time of depression.... Therefore, the government and other capitalist adopted his proposed policies to control inflation and unemployment after the war....
4 Pages (1000 words) Article

Management and Time Estimates

The simulation approach explained in the article entails Discrete even simulation method using Monte Carlo idea.... Sadananda and Srinivasan article thus explains how this can be done and concludes by stating that it is a successful approach in the determination of availability options of the military systems.... rticleid=17053180> This article by Jeff Davidson outlines the six components or pillars of work-life balance.... The article explains six key factors that influence the performance of a person in an organization and how best they can be managed to achieve maximum productivity....
4 Pages (1000 words) Article

How the Insurance Industry Deals with Problems of Risk Pooling and Risk Sharing

It can be defined as “any form of insurance whose payment is contingent on the insured incurring additional expenses or losing income because of incapability or loss of good health (ICFAI Centre for management Research (ICMR), 2003).... "How The Insurance Industry Deals With Problems Of risk Pooling And risk Sharing" paper argues that the allocated risk of the pool should be consistent enough.... To be more specific, the risk that is allocated to a particular group does not necessarily depend on the level of performing the allocation....
6 Pages (1500 words) Article

Risk and Uncertainty in Project Management Decision-Making by Karolina Koleczko

The article "Risk and Uncertainty in Project Management Decision-Making by Karolina Koleczko" discusses the concept of risk management in projects.... Therefore, in risk management, both probability and consequence must be considered to effectively understand manage risks.... One article related to this topic is Risk and uncertainty in project management decision-making written by Karolina Koleczko (2012).... In this article, the author attempts to differentiate between risk and uncertainty in project management, and also focuses on how this difference affects decision making in project management....
1 Pages (250 words) Article

Risk Management by Oxfordshire Fire and Rescue Service

… IntroductionRisk management is a plan approach of identifying and maximizing or controlling the potential risk hazards.... IntroductionRisk management is a plan approach of identifying and maximizing or controlling the potential risk hazards.... isk management by Oxfordshire Fire and Rescue ServiceThe goal of this organization is to ensure that the lives and properties in the environment are safe from risks and their objectives are achieved through effective use of the locally available resources....
8 Pages (2000 words) Article

Innovation Culture for Youth Empowerment in the UAE by Racha Mourtada

… The paper “Knowledge Societies and the UAE” is a well-turned example of an article on sociology.... This article is about the role of ICT in youth empowerment.... The paper “Knowledge Societies and the UAE” is a well-turned example of an article on sociology.... This article is about the role of ICT in youth empowerment.... ccording to the article, a culture of innovation can help achieve all the above and in order to achieve such a culture, those factors that can help achieve it have to be identified and made use of....
7 Pages (1750 words) Article

Risk Management Models

Law enforcement personnel may have skills and experience but the handling of offence risk assessment may prove to be challenging and unclear to them, conducting risk assessment may require skills and background information that is different from other investigations (Fein et al.... This report sought to find out the risk model and how it can be modeled while using crime offences from the police crime offence department.... A detailed risk assessment model was designed and risk assessment sheets are also presented in this report....
10 Pages (2500 words) Article

Pugs at Work: Bodily Capital and Bodily Labour among Professional Boxers by Wacquant

… The paper "Pugs at Work: Bodily Capital and Bodily Labour among Professional Boxers by Wacquant" is a delightful example of an article on sports and recreation.... The paper "Pugs at Work: Bodily Capital and Bodily Labour among Professional Boxers by Wacquant" is a delightful example of an article on sports and recreation.... This article concerns an analysis of America's professional boxers especially how they are involved in using themselves as a source of capital....
6 Pages (1500 words) Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us