CAPSTONE Project$1!$ Topic reseach in Quantifying Risk

Galway $(2004)$ discusses three risk elements that concern project management:

$$ Schedule $$ will the project be completed within the planned timeframe?

$$ Cost $$ will the project be completed within the allocated budget?

$$ Performance $$ will the output from the project satisfy the business and technical goals of the project?

Where possible, these risks should be quantified to enable the project team to develop effective mitigation

strategies for the risks, or to include appropriate contingencies in the project estimate

answer with the following format:

$1\mathrm{.}1$ back ground of the problem

$1\mathrm{.}2$Problem Statement $($also known as the problem to be investigated or research problem

$1\mathrm{.}3$ Aim of the Study

$1\mathrm{.}4$ The objectives of this research

$1\mathrm{.}5$ Research Questions

$1\mathrm{.}6$Research Method