Technique Used to Manage IT Project Risks
Not what you're looking for?
Please help with this questions:
1. Describe one technique used to manage IT project risks.
2. Why might companies today develop IS operational plans that cover only one year?
3. How would you respond to the criticism that a proposed IT architecture is not feasible based on today's technology?
Purchase this Solution
Solution Summary
The solution discusses the technique used to manage IT project risks.
Solution Preview
Technique to Manage IT Project Risks
Gantt chart can be used as a technique to manage IT project risks. It is a horizontal bar chart that is used to schedule the IT project through incorporating each activity of the project. In this, each activity and tasks of the IT project is depicted as a block over the time period. In this, actual performance of the project is recorded by the management in against of the planned deadline to reach at the objective of the project. This technique helps the management to assess the risk and control the risk over the time period that can be faced during the IT project (Tool and Techniques of Project Management). It is because each activity in the project is planned by the management of the firm to define the needed time period for completion of that. It also helps to define and to reach at the points those are important for completion of the IT project as time, cost, required resources, risks and ways to overcome the risks and many more. As per the identification of the risk factor or cause of a risk, sufficient actions are taken by the management of the firm so that the planning of the project cannot be affected (Khalili & Maleki, 2011).
IS ...
Purchase this Solution
Free BrainMass Quizzes
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Motivation
This tests some key elements of major motivation theories.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Learning Lean
This quiz will help you understand the basic concepts of Lean.