Reference no: EM132402761
Discussion Questions -
1. Explain risk and factor.
2. What are the two phases of risk and their components?
3. What are assumptions and boundary conditions?
4. What are the three aspects of risk?
5. Explain the Risk Identification Matrix and how it is expanded by assessment.
6. Explain the Risk Analysis Matrix.
7. What are interpolation and extrapolation?
8. Explain what contributes to failure in predictions.
9. What is assessment?
10. Define system development risk mitigation.
11. What is contingency?
12. What is Pareto's Law?
13. What is the difference between unintended and unanticipated?
14. Look up the Cobra effect. What happened at the end of the story?
15. Look up the Rat tail story. What happened at the end?
Textbook - Systems Acquisition, Integration and Implementation: For Engineers and IT Professionals (Second Edition) By: Harvey Hyman.
Chapter 7 - Risk: Analysis and Management.