Discuss three approaches for identifying risks on a project stating two advantages for each approach using examples.
Discuss three approaches for identifying risks on a project stating two advantages for each approach using examples.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
A local bank is busy with a website redesign project which has been running for a
year now. The purpose of this project is to launch the new website using XML‐based
technology providing online customers with access to real‐time account balance
information and other banking facilities. The baseline budget for the project was set
at R2 million and estimated completion was 15months after project
commencement.
1. Discuss three approaches for identifying risks on a project stating two
advantages for each approach using examples.
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