Question: For each of the negative project risks listed below, identify a corresponding positive risk if the opposite condition were to be true. For instance, a
For each of the negative project risks listed below, identify a corresponding positive risk if the
opposite condition were to be true.
For instance, a delayed delivery from a supplier could delay the project. However an early
delivery from that supplier could accelerate the project.
A new stakeholder adds an additional requirement to the project that extends the project
and adds $ additional cost.
Industry conditions change resulting in a shortage of suppliers with a key component needed
on the project. This leads to less competition and higher costs from suppliers.
An unexpected test failure forces a redesign, causing a delay and overrun to the project.
Due to a promotion, a Core Team member leaves the team and a new person joins the team.
It takes the new person several weeks to get up to speed causing a project delay and several
activities must be reworked.
A schedule conflict with another project for the use of shared equipment needed to
complete some project activities causes a delay.
Over allocation of resources may lead to a shortage of resources for key project tasks.
Your project is funded by a customer and the customer's funding source is reduced forcing
you to descope or cancel you project.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
