Essentials of Systems Analysis and Design (6th Edition)
6th Edition
ISBN: 9780133546231
Author: Joseph Valacich, Joey George
Publisher: PEARSON
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Chapter 4, Problem 39CQ
Explanation of Solution
Risks of a project:
- Lone working and lack of involvement of key stakeholders are the main risks of a project.
- Project manager (Jim) is not including all the key stakeholders for developing the project...
Explanation of Solution
Low, medium or high-risk project:
It is a high-risk project.
Reason:
- It is a high-risk project because scope is not defined in a proper manner or high-level description is provided...
Explanation of Solution
Particular risks:
- If the project is not completed in the time frame, it causes delay of the project.
- Hence as a result, additional costs will be incurred...
Expert Solution & Answer
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Chapter 4 Solutions
Essentials of Systems Analysis and Design (6th Edition)
Ch. 4 - Prob. 1MCh. 4 - Prob. 2MCh. 4 - Prob. 3MCh. 4 - Prob. 4MCh. 4 - Prob. 5MCh. 4 - Prob. 6MCh. 4 - Prob. 7MCh. 4 - Prob. 8MCh. 4 - Prob. 9MCh. 4 - Prob. 10M
Ch. 4 - Prob. 11MCh. 4 - Prob. 12MCh. 4 - Prob. 13MCh. 4 - Prob. 14MCh. 4 - Prob. 15MCh. 4 - Prob. 16MCh. 4 - Prob. 17MCh. 4 - Prob. 18MCh. 4 - Prob. 19MCh. 4 - Prob. 20MCh. 4 - Prob. 21MCh. 4 - Prob. 22MCh. 4 - Prob. 1RQCh. 4 - Describe several project evaluation criteria.Ch. 4 - Prob. 3RQCh. 4 - Prob. 4RQCh. 4 - Prob. 5RQCh. 4 - Prob. 6RQCh. 4 - What are the potential consequences of not...Ch. 4 - Prob. 8RQCh. 4 - Prob. 9RQCh. 4 - Prob. 10RQCh. 4 - Prob. 11RQCh. 4 - Prob. 12PECh. 4 - Prob. 13PECh. 4 - Prob. 14PECh. 4 - Prob. 15PECh. 4 - Prob. 16PECh. 4 - Prob. 17PECh. 4 - Prob. 18PECh. 4 - Prob. 19PECh. 4 - Prob. 20PECh. 4 - Prob. 21PECh. 4 - Assume monetary benefits of an information system...Ch. 4 - Prob. 23PECh. 4 - Prob. 24PECh. 4 - Prob. 25PECh. 4 - Prob. 26PECh. 4 - Prob. 27PECh. 4 - Prob. 28PECh. 4 - Prob. 29DQCh. 4 - Prob. 30DQCh. 4 - Prob. 31DQCh. 4 - Prob. 32DQCh. 4 - Prob. 33CPCh. 4 - Prob. 34CPCh. 4 - Prob. 35CPCh. 4 - Prob. 36CQCh. 4 - Prob. 37CQCh. 4 - Identify a preliminary set of tangible and...Ch. 4 - Prob. 39CQCh. 4 - If you were assigned to help Jim with this...Ch. 4 - Prob. 41CQCh. 4 - Prob. 42CQCh. 4 - In Question 4, you analyzed the risks associated...
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Similar questions
- In your perspective, when does testing start throughout the SDLC? When in your project should testing begin? Why?arrow_forwardWhen calculating the NPV of a project, the time value of money is an important consideration. Is the time worth of money just as essential in low-inflation periods as it is in high-inflation periods? Explain your response.arrow_forwardExplain the importance of aligning a risk mitigation plan's scope with the original risk assessment. Discuss the consequences of scope creep and how to effectively manage project boundaries to prevent cost escalation. Provide examples of situations where maintaining scope requires saying "no" to additional countermeasures or functionalities that fall outside the defined boundaries of the mitigation plan.arrow_forward
- If you were assigned to Jim’s team for thisproject, what activities would you conduct inorder to prepare the details for the baselineproject plan? Explain the purpose of eachactivity and show a timeline or schedule forthese activities.arrow_forwardSuppose you are working as a lead developer for a software house (This software house is a new startup so the developers are not well trained) and you are asked to deliver the project before the estimated time with the same available resources (i.e. neither the salary nor the practitioners are added).In this kind of situation: Which type of risks are identified? Discuss how would you plan the situation being a team leader (hint: Contingency plan)?arrow_forwardA recommended approach is that the people assigned to implement a risk management program should begin by studying the models presented earlier in this chapter and identifying what each offers to the envisioned process. Once the organization understands what each risk management model offers, it can adapt one that is a good fit for the specific needs at hand. Which risk control strategy would you consider the most effective and why? When should the strategy be used and why should it not be used for all risks?arrow_forward
- You have been made project coordinator for an upcoming tourism workshop to be held in the island of Anguilla. Local, regional and international participants will be in attendance. You have invited 25 participants and 12 presenters as part of your planning. In addition, there are several other tasks to be performed: i. Letters of invitation are to be sent with relevant information. ii. Overall estimates for workshop funding need to be calculated. iii. During the workshop, all attendees and equipment requests will be documented for reporting purposes and also to be used for future analysis when compared with other possible workshops. iv. Final reports will be written to document those persons who attended the workshop as well as to compare the pre- and post-funding estimates. v. Extra expenses incurred at the workshop are also to be noted. vi. A brief presentation highlighting various aspects of Anguilla’s culture and island is to be made to all participants at the beginning of the…arrow_forwardPlot 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.arrow_forwardConsider the development of the project from two different perspectives: one without architecture, and one with it. What kind of impact it will have on the overall output.arrow_forward
- At what stage of the SDLC does testing begin in your opinion? When should testing start in your project? Why?arrow_forwardExtending the scope of the project and introducing features that aren't essential are two bad consequences that might occur. Explaining the distinctions between the two ideas will make it easier for your audience to understand your position. I would like you to comment on how you arrived at the conclusion that the underlying cause of these two problems was the same. In the event that these two things took place while we were working on this project, what type of disaster may possibly result?arrow_forwardAs a senior majoring in IT at CTU, your supervisor has requested that you present a plan for consideration and approval. Write a research proposal of about 1600 words on a topic you're interested in, making sure to include the following: Five sections make up a research paper: the introduction (I), the methods (II), the issue statement (II), the goals (III), the significance (IV), and the literature review (V).arrow_forward
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