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Project Management - Managing Risks

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Suppose you are the project manager of a team of software specialists working on a project to produce a piece of application software in the field of accounting. Identify some items that might go wrong during this type of project (i.e., what are some of the risks in this project) and discuss how you, as the PM, would assess and respond to such project risks.

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There are several risks associated with the piece of application. However, instead of listing out all the generic risks such as schedule slippage, cost overrun, team members leaving, etc. I'll focus on your specific scenario. This will help you to better understand how the risk management process works. Some of the risks associated with this scenario will be:

1. Software ...