Question 1

Explain what opportunities in the context of risk management are and why organizations should look out for opportunities.

Question 2

Explain any FOUR (4) risk management strategies for responding to negative risks.

Question 3

Reference to the function of the following systems as in the case study, develop EIGHT (8) user stories using the Ron Jeffries format or Role, Goal, Motivation (benefit) format in relation to the requirements for these functions:

U-8 New Century Cloud system.

Material requirement planning information system.

Wangdiantong system.

Customer Relationship management system.

Data research system.

Question 4

Explain the Forming, Norming and Performing stages from the Tuckman/Jensen model.