Identifying Risks and Strategies ABC, Inc. is considering a new project to develop electronic access to human resources (HR) information. They intend to allow all their customers, students and employees access to their information and give them the responsibility to change their information, such as address, marital status and tax information. The main benefit would be more accurate information while reducing the number of human resources staff. As an added benefit to employees, the new system would also allow them to change their tax withholdings or pension plan contributions. Before starting the project, the numerous risks posed by the HR project should be identified and assessed. A risk is an unknown that can have positive or negative outcomes. Sometimes they have both. There are numerous risks associated with this project, but the five potential risks discussed below relate to ensuring senior management commitment, scope, quality, integration, and buy-in. Risk identification and assessment is an important step in the project management process. It gives the project manager time to manage risks that were truly unknowable. The first risk involves identifying stakeholders and obtaining commitment from senior management. Projects often require commitment from senior management right from the start. It might even be an exciting idea of ​​theirs. Once the details are worked out and the costs are assessed, the energy behind the idea may fade. This leads to the project floundering or being canceled entirely. The project manager's first task is to find a project sponsor and keep him and other stakeholders involved (Schwalbe, 2014). The positive risk of involving the sponsor and the interested party... at the center of the card... ionization and acceptance. The risks described above are just some of the possible risks for each phase of this project. Identifying risks and strategies to mitigate or take advantage of them gives the project manager time to manage situations that were truly unknowable or make a good end result exceptional. Good project management understands the importance of identifying these risks to bring the project to successful completion. References Rapalus, P. (1997). Security measures to protect confidential information on the Internet and intranets. Labor Relations Today (Wiley), 24(3), 49-58. Retrieved from https://search-ebscohost-com.csuglobal.idm.oclc.org/login.aspx?direct=true&db=bth&AN=9712164072&site=ehost-liveSchwalbe, K. (2014). Information technology project management (7th ed.). Boston, MA: Course Technology/Cengage Learning.