11

This week, we are focus on risk management and the response to the risks. According to the project plan I currently involved, there are variety risks in the project, such as the allocation fund for the project. In terms of ICT risk, if we can not define the metadata correctly, it will lead to project fail from the beginning. I think the fundamental parts for a Business Intelligence system are the metadata and how to capture the business metadata or the business requirement before we actually implement the system. In current stage, risks also be introduce instantly, for instance, in the definition of metadata phase, we have to ensure that we capture the business requirement and develop the correct metadata entity in the metadata dictionary. This is the only way that adds business value to the company. To minimize the risks, we have to develop a risk strategy to avoid this change or reduce the risk impact ot