Difference between known risks and predictable risks
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Explanation:
Known Risk :
1) It can be uncovered after careful evaluation project plan, business and technical environment in which the project is being developed, other reliable information resources.
2) E.g. unrealistic delivery date, lack of software poor development environment.
Predictable Risk:
1) Predictable risks are extrapolated from past project experience.
2) E.g. staff turnover, poor communication with the customer, dilution of staff effort as ongoing maintenance requests are serviced
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Above answer is absolutely correct
know more :-
- Technical risks are those events or issues associated with the scope definition, research and development (R&D), design, construction, and operation that could affect the actual level of performance vs. that specified in the project mission need and performance requirements documents.
- Schedule risk is the risk associated with the adequacy of the time allotted for the planning, R&D, facility design, construction, and startup operations.
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