Hrm 531 Risk Management Plan

Decent Essays
Throughout our Risk Management Plan, we identified three possible risk with uniStuff.com that need to be address to avoid the project to fail. When running our SWOT analysis for the platform functionality and security, we noticed that online payment fraud and cyber security may impose major threats to the success of the project. Further analyzation of the services and legal paperwork, also allowed us to identify risks associated with customer satisfaction and refund policies.

Online payment fraud risk presents a major profit loss and online purchasing fraud risk to uniStuff.com as false payment information or non funded payments could be possibly utilized for the transactions, thus threatening the profitability and reputation of the platform.

Related Documents

  • Improved Essays

    Hrm/531 Week 4 Assignment

    • 481 Words
    • 2 Pages

    I was assigned as a Service Delivery Manager on a project to manage services related to QA Environment for one of the largest Retail Organization in Canada. I was very excited to get exposure to the Retail Industry. Soon after joining the project, as I started reviewing the financial, I recognized that there is huge backlog of Invoice payments from client due to the dispute. Some of the invoices were as old as 6 Months and total amount exceeded $2M. As the year was approaching to the end pressure started to mount to clear these payments to meet our revenue targets. I was not the only one facing this challenge other Service Delivery Managers in the account also had the same issue.…

    • 481 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    Hrm/531 Course Project

    • 854 Words
    • 4 Pages

    Problem statement - Why did you choose this research topic? What kind of problem is being investigated? Who are the participants (the Executive Leadership team, for example)? How your research was conducted? What data collection methods are being used?…

    • 854 Words
    • 4 Pages
    Great Essays
  • Improved Essays

    Hrm/531 Week 3 Assignment

    • 765 Words
    • 4 Pages

    Ikemia Arrington, Metro’s Senior Sourcing Officer for disability recruitment, in the Office of Talent Acquisition, provided an update on Metro’s initiative to enhance the number of qualified individuals with disabilities in its workforce. She stated that through targeted outreach, Metro intends to promote awareness of WMATA’s many job opportunities to qualified but underemployed communities. Metro has streamlined certain aspects of its hiring process. Also there are some plans to have an Americans with Disabilities Act (ADA) Hotline phone number that will allow candidates to request reasonable accommodations via the telephone.…

    • 765 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Nt1310 Unit 3 Term Paper

    • 621 Words
    • 3 Pages

    Security Ecommerce site Phishing, “brand spoofing” or “carding”, is not a “pass-time” process but is a business-like on which organized crime groups extensively use and make a big deal of money. Phishing, being one of the most security challenges, is a hacking technique of malicious and fraudulent mass mailing, masquerade as emails from government agencies, business partners or even company executives using modern way such as social media, phone calls and any other communications to get access to usernames and passwords, credit cards or other sensitive information to steal valuable data. According to Anti-Phishing Working Group (APWG), an increase of 86% of phishing attacks in companies from 2013 to 2015 has been analyzed (source: Forbes).…

    • 621 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Hrm 531 Unit 5

    • 564 Words
    • 3 Pages

    The third component will begin in July 2017, which involves understanding our Electronic Medical Records (EMR) and hiring a trained professional who has extensive knowledge pertaining to MIPS. Therefore, the first activity in component three is to ensure our EMR, eClinical, is sufficient enough to handle the MIPS reporting data. For example, the EMR needs to be able to extract quality measures in order for our organization to report to CMS by the end of the 2017 fiscal year. In this activity, the practice manager will need to research and attend seminars to understand how to retrieve data from eClinical so she may report the quality measures for each of the eight physicians. She also needs to be knowledgeable on how to extract the data from…

    • 564 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    For Grant Enterprises new product, I think that they will find strategic planning, marketing function and decision making very useful for their meeting. Strategic planning is will help this corporation to learn how to develop how to distinguish themselves from their competitors (Sawyers, R., Jackson, S., & Jenkins, G. J, 2012). Marketing will have the company get there name out to the public, and decision making will require the company to put their best foot forward. Each one of these factors can have a major impact on developing a new product line for your business. Strategic planning is where you determine what sets your business apart from everyone else.…

    • 411 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    IS3110 Lab Answers

    • 739 Words
    • 3 Pages

    1. What are the danger to the system? There numerous dangers that can put your system at danger, for example, infections, spyware, worms, Trojans and PC programmers. Your systems are additionally helpless excessively critical who perpetrate cybercrimes. 2.…

    • 739 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Ever since Sam was little, he absolutely loved playing soccer. At, first all Sam knew about was, winning, and scoring goals. Sam joined a recreation team with his best friend Evan when they were both 7 years old. Recreation is a league where you join for fun, you get put on a random team, and play one game a week, with also one practice a week. When Sam would play in the league he would play defense.…

    • 639 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Hrm/531 Final Exam

    • 263 Words
    • 2 Pages

    1. One of the goals of the Obama administration is to ensure all Americans have health insurance. A survey to determine how many Americans have health insurance is an example of (____). -(Binomial) 2. Use the binomial coefficient to determine the number of ways out of a hospital staff of 5 nurses, 2 nurses can be chosen to service the maternity ward.…

    • 263 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Hrm/531 Week 3 Assignment

    • 1540 Words
    • 7 Pages

    KSAO stands for Knowledge, Skills, Abilities, and Other Characteristics that are required for a good job because having all of the qualifications will help them reach a goal to make sure they are the right combination for the position. Most jobs will require three to five of KSAOs and it is important to address it because it will ensure the adequate information about your background and the requirements that will best suit them. KSAOs is developed and evaluated through a hiring organization that will evaluate the process of gathering, documenting, and analyzing all the information for the position. The organization will identify the different levels of who is qualified, highly qualified, and who is the best. Applicants who receive the highest…

    • 1540 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Hrm/531 Week 1 Assignment

    • 125 Words
    • 1 Pages

    Thank you for your questions. As I mentioned, companies expect their employee’s loyalty and dedication for their job. Additionally, the company also expects their employees to follow their core values, including honesty, helping others, making the right decisions, reliability, positive attitude, team leadership and more. “When values are out of alignment, people work towards different goals, with different intentions, and with different outcomes. This can damage work relationships, productivity, job satisfaction, and creative potential.”…

    • 125 Words
    • 1 Pages
    Improved Essays
  • Decent Essays

    Hrm/531 Final Project

    • 362 Words
    • 2 Pages

    What is your team’s approach to completing the project? This project is difficult for anyone to complete in an online class setting such as this. However, this is not because of any task that is assigned for this project, but because this assignment forces us to learn to effectively communicate with each other to complete a common goal. We began communicating early this week regarding what we need to accomplish in order to complete this project, and we have come to a conclusion.…

    • 362 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    There are three parts to be a positive impact in the agriculture industry. They are a consumer, a worker, and an agriculture advocate to keep the cycle of transactions happening and promoting agriculture educating the public. As a consumer I should be buying locally to support our local economy and neighbors. To I have the produce right next to me, I feel that why go farther away to get the same product that is usually not as fresh because of the processing and time from field to table.…

    • 495 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    From the beginning of my freshman year, I had Mrs. Keehner for something, a large part of that would be, her being my advisor. During my freshman year, I took my first class with her during the second semester. The class was keyboarding, but I took so much more from that class than just getting a grasp upon how to type. She would occasionally show us videos of Dave Ramsey, who gave lesson over how to live your life financially. I found a great interest in these videos right from the start.…

    • 581 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    IT security threats and cryptography 7/A. P1: Explain the different security threats that can affect the IT systems of originations. 7/A.M1: Assess the impact that IT security threats can have on organization's IT systems and business whilst taking account of the principles of information security and legal requirements In today's society data is a very valuable thing companies have to take in to account how to protect that data from the threats, Threats is a way in which the data is vulnerable and therefore rules and regulations have been put in place to stop these potential threats for example all will have adhere to the principles of information security this is a way in which data is protected, I have been working for a start-up company…

    • 1332 Words
    • 6 Pages
    Improved Essays