SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
Question
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Question 33 of 100Question ID:612015A project sponsor is working with the team during project initiation. After several meetings to review high-level product requirements, the sponsor decides they need to begin looking for risks from a holistic standpoint. The company has developed many projects of similar size and scope before in the past.Where best can the team find information about the company’s past project risks?
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AIn previous DfX risk logs
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BIn previous risk breakdown structures
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CIn previous cause-and-effect diagrams
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DIn previous organizational risk thresholds
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Explanation:
Detailed explanation-1: -The Business Sponsor is specifically responsible for the Business Case and project budget throughout (however formally or informally this may be expressed). The Business Sponsor must hold a sufficiently high position in the organisation to be able to resolve business issues and make financial decisions.
Detailed explanation-2: -Create a project charter or business case. In this first step, you demonstrate why your project is necessary and what benefit it will bring. Identify key stakeholders and pitch your project. Run a feasibility study. Assemble your team and tools. 14-Dec-2022
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