QUESTION 1 (20 Marks) Risk management is about maximising your chances of project success by identifying risks early on and planning how to manage them. Of the seven (7) examples of project risks that you have studied, identify AT LEAST FIVE (5) that are applicable to your project and contextualise each one through your discussion. FORMATIVE ASSESSMENT 2 [100 MARKS] Read the scenario below and answer ALL the questions that follow 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 and other project risks, 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. GENERAL COMMENTS Marks in the project assessment are primarily awarded for the application of the relevant theory to the requirements of the assessment. Merely reproducing theory is deemed inadequate. The ability to undertake and reflect on research is a key component to the assessment. The assessment will be assessed in accordance with general criteria