Discussion
Topic: Cost Benefit Analysis. WBS & Risk Analysis
DQ2:
Read this article: https://www.geeksforgeeks.org/different-categories-of-risk-in-software-development/ describing different categories of risk in software development. Considering the framework for software development risk management shared in this article, write three risk statements, one for each of the different types of environments: management, project, and system. You choose what type of risk for each environment you would like to highlight. Discuss how these three risks should be monitored throughout the project so they doesn’t becomes issues.
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Reading & Viewing Materials
Required Materials
Read
Requires PMI Membership to download these:
- Practice Standard for Work Breakdown Structures – Third Edition (PMI.org – PMBOK Guides & Standards – Practice Standards & Frameworks – Practice Standard for Work Breakdown Structure – Third Edition)
- The Standards for Risk Management in Portfolio, Program, and Project Management (PMI.org – PMBOK Guides & Standards – Foundational Standards – The Standards for Risk Management in Portfolio, Program, and Project Management)
(Plan to review these at a high level)
https://www.youtube.com/watch?v=Wc-n6dr9vrk
https://www.youtube.com/watch?v=xrjuEj2qDbQ
https://www.youtube.com/watch?v=lun4HHSqYBQ&t=1s
Supplemental Materials
Recommended but not required:
Read
What Risks Actually Need Identifying
https://www.projectmanagement.com/articles/713506/What-Risks-Actually-Need-Identifying-
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