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.

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