Activity 6 Document Requirements: Perform a Risk Analysis on each of your alternative solutions to your performance problem.
The reading from IT Economics Corp., Risk Analysis of Alternative Solutions, includes a risk analysis template along with five broad risk criteria and their definitions. Also, there are three examples of the use of the template to document a risk analysis. Use this template and the risk criteria to conduct and document a risk analysis for each of your alternative solutions. See reference list.
In using this template for this course, you are not expected to do as thorough a risk identification as would be required in an actual project. You are expected, though, to identify the major risks associated with the alternative solutions for your project. Also, you need to have a minimum of two viable alternative solutions after you perform the risk analysis and screen out any too-risky solutions. The two best alternative solutions are needed in order to use the remaining templates. The risk analysis can help you to identify areas in which risk mitigate strategies can and should be used.
The due date for posting your completed Activity 6 in your Assignments Folder is the end date of Week 4.
Please post your final Activity 6 to this link.