what are the potential consequences of not assessing the technical risks associated with an information system development project?
Technical feasability is process of studying the strength of development organization's to develop a proposed system.
RISK FACTORS:
Project size - Team size, organizational departments, project duration, programming effort.
Development group - Familiarity with platform, software, development method, application area, development of similar systems
User group - Familiarity with IS development process, application area, use of similar systems.
POTENTIAL CONSEQUENCES OF NOT ASSESSIMG RISKS:
The potential consequences of not assessing and managing risks can include the following:
Failure to reach expected benefits from the project, Inaccuracy of project cost estimates, Inaccuracy of project duration estimates, Failure to achieve adequate system performance levels, and Failure to adequately integrate the new system with existing hardware, software, or organizational procedures
Larger projects are riskier than smaller projects. A system in which the requirements are easily obtained and highly structured will be less risky than one in which requirements are messy, ill structured, ill defined, or subject to the judgment of an individual.
IT risks include hardware and software failure, human error, spam, viruses and malicious attacks, as well as natural disasters such as fires, cyclones or floods. You can manage IT risks by completing a business risk assessment. Having a business continuity plan can help your business recover from an IT incident.
what are the potential consequences of not assessing the technical risks associated with an information system...
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