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Being optimistic is a wonderful thing Wholesale NFL Jerseys From China , but being overly optimistic -- in the face of unrealistic odds -- can sabotage a project''s success. Over-optimism abounds when people view every project as a "must-win" effort while failing to flag potential problems. In Part 2 of this series, we identified 10 types of risks related to choosing, estimating, and staffing your projects.

After identifying the potential risks, the next phase entails assessing to what extent the risks can negatively affect your project in areas such as cost Wholesale NFL Jerseys China , schedule, quality, or features. This article (Part 3 of the series) explains how you can quickly evaluate any risks you''ve identified to see whether they''re likely to overwhelm your project.

Risks You May Have Flagged

Using the ideas in Part 2 of this article series, you and your team may have identified one or more concerns related to a project you''re weighing. Ten considerations appear below; you might think of many others. If your answer to any question is "yes" -- or even "maybe" -- in relation to your project, it means that you''ve flagged a risk:

1) Is the project non-compelling or a bad fit for the project team?

2) Will the project scope entail operating in unfamiliar territory?

3) Are project requirements Wholesale NFL Jerseys , such as product features, complex?

4) Are the requirements pitted against an aggressive schedule?

5) Are too few personnel and resources available for the project?

6) Will coordination with many different collaborators be needed?

7) Are the primary collaborators unfamiliar to the project team?

8) Are project team members discouraged from raising concerns?

9) Are there insufficient review and test cycles in the schedule?

10) Are there no standard protocols for managing scope changes?

Assessing the Risks You''ve Identified -- How Worrisome Are They?

Once you have a list of risks, you can next assess them to find out whether they will be mildly annoying or could wreak havoc on your project. This is a quick and simple process for evaluating them:

1a. Start by giving each risk a name or label.

Example: Imagine that your family has approached you about redecorating your kitchen because your relatives are coming for a family reunion the week after next. Your family believes that several changes are needed, as follows:

Project requirements:

* New faux paint treatment on the walls

* Resurfacing all of the kitchen cabinetry

* Laying new tile on top of the vinyl flooring

* Installing crown molding around the ceiling

Time available: Two weekends (four days) within the next 10-day period. But you don''t believe that''s nearly enough time to complete the job!

So, of all of the risks you''ve identified Wholesale Jerseys Cheap , you might label one of them "Too Many FeaturesToo Little Time." This means that the project requirements are too numerous, too complex, or both, given the time available.

1b. Next, describe the kinds of problems this risk could cause.

Also ask how likely it is to occur. For instance Wholesale Jerseys Free Shipping , if you''re concerned that you won''t have enough time in the schedule to incorporate everything requested, what problems might it cause whoever will be using the product, system, or solution? Are those chances fairly high? Describing these concerns can help everyone on your team agree on just how serious that potential risk is.

Example: Your relatives might arrive while the work is still in progress, and the kitchen will be unusable. Also Wholesale Jerseys From China , if you bow to the pressure to hurry, the quality of the work may be low. Both of these problems are likely if your family members try doing the work themselves, since they''re not skilled in home improvements.

2. Give each identified risk a "potential impact" score or rating.

You can give each risk a High Impact, Medium Impact, Low Impact Wholesale Jerseys China , or No Impact score, based on simple numbers you can derive easily. One way is to assign relative values to the negative impact a risk may have on the project cost, schedule, quality, and features -- with a different value possible for each of these four areas. For example Wholesale Jerseys , a high negative impact might be a 9, a medium impact a 5, a low impact a 1, and no impact a zero.

Example: Your kitchen redecorating project might earn scores like those below.

* Cost - You estimate that by doing the work yourselves, you''ll possibly save money (if you don''t botch the job). So your "Too Many Features
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