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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2411 |
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This would minimize the need for contingency plan involving expensive solutions or having to outsource later on in the project.
The availability of network equipment has also been issued for ABI. Resources are already over budget and network equipment is an added cost. In order to my mitigate the risk of going over budget, ABI management should install a cost tracking system, creating a “Change Control Board†in order to evaluate cost increases, and put aside a reserve in order to of the expected cost increase...
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In order to my mitigate the risk of going over budget, ABI management should install a cost tracking system, creating a “Change Control Board†in order to evaluate cost increases, and put aside a reserve in order to of the expected cost increase. The change control board will help negotiating any change in project scope and additional costs with the project sponsors...
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