Question

Difference between project risk and technical risk

Answer 1

Answer:

Explanation:

1)Project risk:

• Inability to find a suitable project manager

• Inability to staff key team positions

• Design reviews don't identify deviations from requirements

• Inadequate communication among remote team members

• Unavailable test facilities or resources

• Budget and/or schedule constraints

2)Technical risk:

• Cannot achieve noise targets in an analog circuit design

• Cannot achieve dimension requirements in a packaging design

• Cannot implement a software algorithm on the target machine

• Cannot meet response requirements in a real-time system

• Cannot fit software program in available memory

Answer 2

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• 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. Examples of technical risks include new and changing technology and changing regulatory requirements.

• Schedule risk is the risk associated with the adequacy of the time allotted for the planning, R&D, facility design, construction, and startup operations.