assessing and controlling risk, Engineering homework help

This week’s discussion topic is designed to allow you to better understand risks and methods of controlling risks. And you will need  to responses to at least two of your classmates’ , I will provide this when it’s posted .
Please respond to the following prompt: 

Imagine you are the software project manager for a complex web interface project that must be developed on newly acquired hardware.  Changing policies affect the direction your project can take.  Your fellow project managers in both the hardware and policy sections do not agree with the processes you are following, but you are taking a strong stand that the company has policies and you are following them.  What are the risks and how would you go about mitigating a disastrous result?

I have attached the materials that you will need to get this assingmnet done .Please be clear and use the sources that provided.