Explain why risk management should be done on every IT project but the amount of risk management
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (13 reviews)
Risk management should be done on every IT project as it helps in finding out each risks ...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Methods of IT Project Management
ISBN: 978-1557536631
2nd edition
Authors: Jeffrey Brewer, Kevin Dittman
Question Posted:
Students also viewed these Management Leadership questions
-
1. Why is diversification important? How is diversification achieved? 2. Solely on the basis of diversification, is there an argument for selling any of the stocks? In addition to risk reduction...
-
You need to read the case study "Monte Carlo in Italy "Meghana Rao" ABC is a high - Tech Company based in the United States. Recently the company had a major shuf e in its management and the new...
-
Management Assertions Your first step in learning to audit is to understand and be able to identify management assertions for events and transactions. You will need to be able to relate these to...
-
Select only 2. Two questions which can be used to address ethical issues impacting organizations and Human Resource Management include: What would my Supervisor say? Does this behavior or result meet...
-
In making adjusting entries at the end of its accounting period, Chao Consulting failed to record $3,200 of insurance coverage that had expired. This $3,200 cost had been initially debited to the...
-
What could account for a backward-bending labor supply curve?
-
For the IM-9/8551-7 carbon/epoxy composite rod design of Problem 3.3 in Chapter 3, what would be the increase in the longitudinal tensile strength compared with that of the original 6061-T6 aluminum...
-
The controller for Nesheim Construction Company believes that it is appropriate to offset a note payable to Oregon Bank against an account receivable from Oregon Bank related to remodeling services...
-
Consider ways in which an employer can make an employee feel like part of the team and/or empower them to act. More specifically, please respond to the following questions: How can an employer work...
-
Copper Strike Mining Company (CSMC) needs to raise $55,000,000 for the development of a new mining site and will do so by issuing either new bonds or new preferred shares. If CSMC issues preferred...
-
Explain how risk management can allow an organization to be more aggressive taking on riskier projects.
-
Explain what is meant by crisis management and why many organizations continue to exist in this type of environment.
-
As societal incomes grow, we expect that the largest increase in spending will be on: a. food b. housing c. health and environment d. clothing
-
A broadcasting antenna emits a power of 40 W. The gain of the antenna is 300L. The receiving antenna is at a distance of 50 km from the transmitting antenna, and its effective surface area is 10-2 m....
-
a) Investigate what a monopoly is and a current example of a representative company in this market. Justify your choice. Look for an article, consult reliable sources on the internet, no more than...
-
1. Consider the following function. def q1(L): n = len(L) count = 0 for i in L: if i max (L) or i < 0: == count return count count + 1 a. What is the Big-O running time bound for ql in terms of n,...
-
Answer the questions in your journal. Which contemporary issue interested you the most, and why? (M424) Define Explain Personal Experience What do you think is another contemporary issue the army...
-
Upon completing the book "The Killer Show"; complete following questions in an essay format. The essay should be between 8-10 pages in length, double spaced, and in size 12 font. Proper APA...
-
Find the value y that satisfies each of the following equations: (a) P( 2 9 y) = 0.99 (b) P( 2 15 y) = 0.05 (c) P(9.542 2 22 y) = 0.09 (d) P(y 2 31 48.232) = 0.95
-
To balance the chemical equation SiH3 + O2 SiO2 + HO, you could introduce coefficients a, b, c, d and write aSiH3 + bO2 cSiO + dHO then write linear equations for each element. The equation for Si...
-
Will project management work in all companies? If not, identify those companies in which project management may not be applicable and defend your answers.
-
In a project organization, do you think that there might be a conflict in opinions over whether the project managers or functional managers contribute to profits?
-
What attributes should a project manager have? Can an individual be trained to become a project manager? If a company were changing over to a project management structure, would it be better to...
-
How do change interventions leverage advanced methodologies such as appreciative inquiry, design thinking, and complexity science to foster a holistic understanding of change dynamics, unlock latent...
-
what extent do change interventions leverage digital technologies, data analytics, and artificial intelligence to enhance change effectiveness, monitor change progress, and facilitate real-time...
-
Consider a project that requires spending of $15,000 immediately and generates $6,000 per year for the next 4 years (assume each $6,000 comes at the end of each year).What is the NPV of this project?...
Study smarter with the SolutionInn App