You have been asked to be project manager for development of information technology (IT) project. System to be developed will permit large company to coordinate and sustain records of professional development of its employees. Company has over 30,000 employees who are situated in four sites: Florida, Colorado, Illinois, and Texas. System requires to permit employees to locate and schedule professional development activities which are associate to their positions. Sophisticated search capabilities are needed, and ability to add scheduled events to employees' calendars is desired. System requirements to support social networking to permit employees to find out who is attending conferences and events. This will promote fostering relationships and make sure coverage of conferences which are considered of high importance.

Once the activity has been completed, employees will use system to submit documentation. System must support notifications to management personnel whenever their direct reports have submitted documentation. System should also notify employees if their deadline to finish professional development needs is approaching and is not yet satisfied. For given scenario, reply the following problems in 400-600 words:

The goal is to get this system up and running at start of next fiscal year.

For given scenario, complete the following:

Recognize all risks and rate each risk.
Choose 2 of the highest risks. Describe why these are considered high risk, and describe their potential effect on the project.
Describe risk mitigation strategy for the 2 selected high risks.