CIS554 Discussion 1&2 - Project Risks & Risk Management

Discussion 1

"Project Risks" Please respond to the following:

• When managing a project, project managers must remain vigilant to project risk management. Summarize at least three risks that may impact the success of a large technology project. Relate each risk to a specific project attribute.

• Analyze how the risks identified in Part 1 of this discussion may impact the project and project deliverables.

Discussion 2

Risk Management" Please respond to the following:

• Risk management plays an important role within the software project management life cycle. Determine at least three techniques that can be used to identify and analyze project risk factors. Rationalize how these techniques can minimize project cost overruns, schedule delays, and defects.

• Justify an approach that you would use to identify, prioritize, and mitigate risk within a large software development project management life cycle. Include example(s) to justify your answer