Which 10 risks are related to IT project management?
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Which 10 risks are related to IT project management?
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- Ten-risks linked with IT project management?Conduct a formal Risk Plan for a project covering the following critical aspects;1. Identify the risks to start preparing a risk register and Analyse the risks (both qualitative and quantitative risk analysis)2. Plan risk responses3. Track and control risksMinimum 10 risks to be identified.What are the steps involved in risk management?(project management)
- Choose 10 dangers that are connected to the management of IT projects.What is project risk management, and what are the necessary measures, and what are they?Generate a short notes on risk management and risk management process in project implementation and controlProblem Statement: Project Control and Monitoring You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project. Required: Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?
- How to Plan, direct and coordinate IT projects to ensure effectiveproject control including scope changes and project risks?Identify seven potential risk for new projectSpecify the IT project management tools and technologies that are used (IT project management). What characteristics will advanced instruments have?
- Q6:write briefly but relevant answer a) PERT and CPM b) Risk Management and its types.Create a risk matrix for this project:Event Cost ($000) ProbabilityEquipment breakdown 40 .20Vendor is late with key segment 200 .60Subcontractor has labor issues 140 .30Weather problems 15 UnknownFunding delays 50 .40 to .60Testing delays 20 .40Explain your reasoning for your placement of the events Weather problems and Funding delays.Discuss about risk management.