one risk statement for each category; management, project, and system. Remember the risk statement of... if/then/resulting in... explain how those risks should be managed throughout the project.

Read this article: https://www.geeksforgeeks.org/different-categories-of-risk-in-software-development/ describing different categories of risk in software development.

SCENARIO: A local 2-yr college is considering a new LMS (Learning Management System) to replace their current system - a homegrown, obsolete system that does not have the capabilities of today's online solutions. They're looking to you to present them with a cost benefit analysis for such a change and would like you to finish a CBA (template provided) for them at a high level. You only need to do a full CBA on the option chosen - CANVAS, though you should consider costs/benefits of other options like D2L, Blackboard Ultra and any others with online options from your research when looking to do your CBA paper as alternatives to the CANVAS option. Remember, changing nothing, should be considered as an alternative to CANVAS as well. The budget is whatever it will cost to implement CANVAS. Risks to consider would be associated with the legacy system and changes needed to move from that system to a new online system. The sponsor for this project would be the Vice President of Academic Affairs. The resources would include both internal IT services and options available from the vendor to implement and train on this system.

There are some assumptions/leaps and bounds you will need to make in order to answer this. Where you are not given exact information, feel free to use your own assumptions as facts.

explain three risk statements associated with this scenario; one management risk, one project risk, and one system risk. For each risk statement, explain how it would be managed throughout the project. Follow the format below to answer the question within the text box provided (please do not attach a document).

Risk 1 - Management Risk Statement:

Risk 2 - Project Risk Statement:

Risk 3 - System Risk Statement