PM Risks
PM Risks
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1 Technical Risk of encountering technical issues with the Technical Risk
Malfunctions interactive floor system, such as sensor failures,
software glitches, or compatibility problems with
other equipment
2 Budget Overruns Risk of exceeding the allocated budget due to Financial Risk
unforeseen costs, such as additional equipment
requirements, customization needs, or unexpected
expenses during installation or maintenance.
Delays in Project Risk of project delays due to factors like equipment Time Risk
Timeline delivery delays, installation complications, or
unexpected technical challenges that require
troubleshooting and resolution
3 Safety Hazards : Risk of accidents or injuries occurring within the Safety Risk
interactive floor center due to inadequate safety
measures, such as tripping hazards, insufficient
signage, or improper installation of equipment.
16 Lack of Expertise Risk of not having the necessary expertise or skill Laber Risks
or Skill Gaps sets within the project team to effectively plan and
execute the interactive floor center project,
potentially leading to inefficiencies, errors, or delays.