Question: In a software development project, you realize the scope of the project is dependent on a single vendor. How should you manage this risk? a

In a software development project, you realize the scope of the project is dependent on a single vendor. How should you manage this risk?
a.
Negotiate more favorable terms with the vendor.
b.
Have an alternate vendor ready as back-up in case the primary vendor fails.
c.
Ignore the dependency.
d.
Terminate the vendor contract.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!