Project risk control and risk monitoring is where you keep track of about how your risk responses are performing against the plan as well as the place where new risks to the project are managed.
You must remember that risks can have negative and positive impacts. Positive risk is a risk taken by the project because its potential benefits outweigh the traditional approach and a negative risk is one that could negatively influence the cost of the project or its schedule.
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Different Software Development models have different features and properties. Selection of the software development model depends on the nature of project and client. Here, I will try to give a comparison of various software development models with three parameters:
1. Contribution to Quality
2. Risks Associated
3. Context of adoption
Model Name: Waterfall Model
Contribution to Quality: Phase End Checks
Risks Associated: Expects a task to be well done in the first go
Context of adoption: When the requirements are structured and competence is high
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Below is a sample configuration audit checklist (for FCA and PCA). The Project Managers can use the following checklist as a reference for the readiness of the audit or even for doing the audit.
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