Solved by a verified expert :dq 1Risk Management (graded)This week, we learned about risk management. Now let’s apply our learning to an example. Suppose you are the project manager of a team of software specialists working on a project to produce a piece of application software in the field of accounting. Identify some items that might go wrong and might go right during this type of project (i.e., what are some of the positive and negative risks in this project), and discuss how you, as the PM, would assess and respond to such project risks. Try to come up with as many positive risks as negative risks, as positive risks are just as important as negative risks to the success of a project!dq 2Contingency Planning (graded)What is contingency planning? Why is contingency planning important?
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