Question: You are the project manager for a fast-track financial data warehousing project which must complete in three months. Typically, this type of project requires 6

You are the project manager for a fast-track financial data warehousing project which must complete in three months. Typically, this type of project requires 6 months or longer to complete. You have limited internal resources with the needed expertise to support the project and you rely heavily upon the vendor for support. Your client expects the project to be:

On time
On budget and
With the highest level of quality.

Given the scenario stated below:

Why is it important for the project manager to effectively manage risks on this project?
What processes, tools and techniques will you put in place to ensure risks are managed effectively.
How will you measure your success?

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