Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Risks and Mitigation Strategies of Saas application project : Identify at least 5 risks for your project Provide a description of the risk Assess the

Risks and Mitigation Strategies of Saas application project :

  • Identify at least 5 risks for your project
  • Provide a description of the risk
  • Assess the Probability and Impact of each of the 5 risks
  • Calculate the Score for each of the 5 risks (Probability x Impact)
  • Develop a Risk Response Strategy (i.e. how will you respond to each of the 5 risks - transfer, mitigate, accept, or retain?)
  • What is your contingency plan for each of the 5 risks?
  • What is the potential trigger for each contingency?
  • What is the status for each risk (open, closed, or in-progress)?

Conclusion

  • Provide an overall summary of the project
  • What were your Key Findings?
  • What were your Lessons Learned?
  • What are 3 key Takeaway messages you want the audience to remember?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management

Authors: Stephen P. Robbins, Mary A. Coulter

15th Edition

9780136714491

More Books

Students also viewed these General Management questions

Question

What projects have I completed at home, work, or school?

Answered: 1 week ago

Question

Describe new developments in the design of pay structures. page 501

Answered: 1 week ago