Information Technology Project Management
Information Technology Project Management
9th Edition
ISBN: 9781337101356
Author: Kathy Schwalbe
Publisher: Cengage Learning
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Plot the six risks on a probability/impact matrix. Also assign a numeric value for the probability and impact of each risk on meeting the main project objective. Use a scale of 1 to 10 in assigning the values, with 1 representing the lowest values. For a simple risk factor calculation, multiply the probability score and the impact score. Add a column called Risk Score to your risk register to the right of the impact column. Enter the new data in the risk register. Write your rationale for how you determined the scores for one of the negative risks and one of the positive risks.
What is the appropriate response to a risk that is coded yellow?      Do nothing so as to not exacerbate the risk. Accept the fact the risk may occur. Take action to prevent the risk from impeding the project. Monitor closely to reevaluate the probability of occurrence.
The output of Risk decomposition is: Select one: a. Risk description b. Root cause analysis c. Dependibility requirements d. Risk assessment

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Information Technology Project Management

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Information Technology Project Management
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