Launching into the arena of e-business, particularly for an old line firm, can be fraught with risk, and you know that you, as project manager, need to effectively portray that risk so that stakeholders can stay informed and so that decisions are rational. Also, of course, you are interested in taking actions to mitigate and respond to risks if required. To add to your headaches, you know that a recent decision has been made to outsource at least one aspect of the project.

1. Develop a risk register for the project. Identify at least seven risks that would be appropriate for this sort of project.

2. Plot the seven risks on a probability/impact matrix.