A system development project is nearing project closing when a previously unidentified risk is discovered. This could potentially affect the project's overall ability to deliver. What should be done next? Develop a workaround. Alert the project sponsor of potential impacts to cost, scope, or schedule. Mitigate this risk by developing a risk response plan. Assess the risk.

A system development project is nearing project closing when a previously unidentified risk is discovered. This could potentially affect the project's overall ability to deliver. What should be done next? Develop a workaround. Alert the project sponsor of potential impacts to cost, scope, or schedule. Mitigate this risk by developing a risk response plan. Assess the risk.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter13: Capital Budgeting: Estimating Cash Flows And Analyzing Risk

Section: Chapter Questions

Problem 6Q

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