Risk Identification and Mitigation Paper

7. Risk Identification Licensing risk can be a high on impact due to failure of assembly and lack of proper documentation to continue project. This can cause a point of failure in releasing the product to the customer Budget risk is based on what is available, not considering how this design will be implemented. Budget risk also includes the lack of funding for work, and the ability to continue on the boat installation project. Budget can …

…for each vendor involved would receive incentives if resource deliveries were received on time. If resources are not received on time then penalties would be administered. FCC involvement would key to the overall success of the project. If the FCC were to deny or not authorize the system for public use can cause major problems. Ensuring the FCC is satisfied would mean all compliance with systems integration and the management of the Information Technology involved.