User Account

All Pages

Identify two risks in each of these strategies

Assignment Help Risk Management
Reference no: EM13946210

A school intends to procure an integrated student management application holding all details of registered students including personal information, courses taken, and examination grades. The alternative approaches are:

1. Buy a database management system and use in-house staff to develop an application with the chosen DBMS

2. Buy a system created for another school and modify it to fit this school's specific requirements

3. Join a group of other schools, establish common requirements, and contract a software house to develop a single system for all of the schools

Identify two risks in each of these strategies and suggest techniques for risk resolution or reduction which would help in deciding which approach to adopt.

Reference no: EM13946210

Questions Cloud

Common practice in chemical processing plants : Common practice in chemical processing plants is to clad pipe insulation with a durable, thick aluminum foil. The functions of the foil are to confine the batt insulation and to reduce heat transfer by radiation to the surroundings.
Program to convert number to words : Write a program that stores and converts a number entered in Roman numerals to an integer value. Your program must consist of a class named Roman.
Evaluate properties-appropriate film temperature : Consider the hot water pipe of Problem 7.56, but under convection coefficient as a function of only !iT = Ts - Too, where Ts is the sensor temperature. Evaluate properties at an appropriate film temperature and show what effect this approximation ..
Finite-difference method of solution : Use the finite-difference method of solution to obtain qf when the convection and radiation coefficients are based on local, rather than average, tem- peratures for the fin. How does your result compare with the analytical solution of part (a)?
Identify two risks in each of these strategies : Buy a system created for another school and modify it to fit this school's specific requirements
Estimate the surface temperature : An electric immersion heater, 10 mm in diameter and 300 mm long, is rated at 550 W. If the heater is horizon- tally positioned in a large tank of water at 20°C, estimate its surface temperature. Estimate the surface temperature if the heater is ac..
Summaries the successes and failures of outsourcing contract : Summaries the successes and failures of this outsourcing contract. Evaluate the reasons for the successes and failures. What do you think that other organization considering large-scale total outsourcing could learn from this case study?
What is the project payback period : You are considering a project with an initial cash outlay of $80,000 and expected free cash flows of $20,000 at the end of each year for 6 years. What is the project payback period
Why is a documentation plan important : What are the key components of change theory and how can they be put into practice?

Reviews

Write a Review

Risk Management Questions & Answers

  A project report on mutual funds

This project report speaks of the core and future aspects of Mutual Funds and the present challenges to cope with.

  Evalaute the theoretical option price

Evalaute the theoretical option price

  Risk and return

Investing in the stock market and Risk-free investment and inflation

  Evaluate the gross profit

Evaluate the gross profit

  Discuss concepts of risk and management

Risk lies at all levels of business activity. There are many different kinds of risks within an management as well as ways to manage risks.

  Determine the average risk premium

Here are stock market & Treasury bill percentage (%) returns between 2006 and 2010: Determine the average risk premium

  Hypothetical healthcare organization ratios

Discuss and explain why one should apply caution when using financial ratios for analyzing a healthcare management's current financial position and future viability.

  Discuss role of risk assessment

The financial information has been dominated currently by stories of financial institutions that have mis-measured risk as part of subprime mortgage crisis.

  Calculate maturity risk premium

The real risk-free rate is 3 percent, & inflation is expected to be 3 percent for the next two years. A 2-year Treasury security yields 6.3 percent.

  Selcting best option for portfolio

Suppose you are planning investing in two stocks to form a portfolio. Assume you do not like risk. Which one of given stock combinations will you select for your portfolio?

  Result of systematic or unsystematic risk

It has been a little over one year since the collapse of Lehman Brothers which was the first major event in the downturn of our stock market & economy.

  Determine risk management

Determine risk management? Discuss the importance of risk management in an organization? How does risk management mitigation create value for an organization?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd