You have been appointed as a software project manager at COMSATS Soft and you have been assigned a new software project of developing a database system. Your client is a medical investigation society and does not have a very large IT setup. Your organization is not expert in this business domain. Your organization has taken a verdict to utilize a rapid development procedure for this assignment. You need to do the following:

A: Risks can be measured both quantitatively and qualitatively. Debate the technique in which risks could be evaluated quantitatively and how these quantitatively calculations might then be utilized to priorities risks.

B: Draw up at least three project risks with mitigation policies that might impact your company when taking on this project.