Suppose there is a big ABC organization which offers different products for their customers. When the said organization develops the different products for customers, then there is a possibility of different hazards, which may affect the process of development. What type of procedure and process should be follow by management department for risk management to avoid or mitigate the incoming risks, to produce better quality products at the end?

Information Technology Project Management
9th Edition
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Kathy Schwalbe
Chapter11: Project Risk Management
Section: Chapter Questions
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Suppose there is a big ABC organization which offers different products for their customers. When the said organization develops the different products for customers, then there is a possibility of different hazards, which may affect the process of development. What type of procedure and process should be follow by management department for risk management to avoid or mitigate the incoming risks, to produce better quality products at the end?

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