vu cs101 Mid Term Subjective Solved Past Paper No.10
vu cs101 Introduction to Computing Solved Past Papers
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The CMM Level where basic project management processes are established to track cost, schedule, and functionality. That is, it is characterized by basic project management practices. It also implies that without project management not much can be achieved. In Small software house as the project size increases, the complexity of the problem also increases and therefore its management also becomes more difficult.
Delivery deadline directly influences the resources and quality.
A good estimate of budget, cost and schedule is essential for any successful project.
Application domain also plays an important role in the success of a project. The chances of success of a project in a well-known application domain would be much better than of a project in a relatively unknown domain.
So implementation of all the procedure for this Level can be a bit difficult for small software houses because they usually work on small projects where cost and time.
Risk Projection
Risk projection is concerned with risk estimation. It attempts to rate risks in two ways: Likelihood and consequences. There are four risk project activities. These are:
- Establish a scale that reflects the perceived likelihood of risk
- Delineate the consequences
- Estimate impact
- Note the overall accuracy of risk projection
