Question: PROJECT TASK You work for a software development company. Your software development team is working on a complex program that involves integrating multiple systems. One

PROJECT TASK
You work for a software development company. Your software development team is working on a complex program that
involves integrating multiple systems. One potential risk is that a critical system may fail, which could cause delays and
increase costs. Your job is to mitigate this possible risk, of a critical system failure and to evaluate the impact on the
project's scope, timeline and budget. You may then be required to develop a contingency plan that includes regular testing
of the integrated systems and a process for quickly identifying and resolving issues. Choose any company as you see fit to
contextualise the foregoing scenario of project risk.
QUESTION 2(20 Marks)
Risk management is about maximising your chances of project success by identifying risks early on and planning how to manage them. There are seven (7) examples of project risks that you have studied. Use AT LEAST THREE (3) of the examples of project risks and appraise each one in the context of your project, provide reference in Harvard style.

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!