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Question

What are the four types of risks identified by Wallace and Keil (2004)?

a.

Personnel shortfall, unrealistic schedule/budget, wrong functionality, wrong user interface

b.

Gold plating, requirements volatility, bad external components, bad external tasks

c.

Real-time shortfalls, capability shortfalls, personnel shortfall, unrealistic schedule/budget

d.

Wrong functionality, wrong user interface, gold plating, requirements volatility

Answer: (a).Personnel shortfall, unrealistic schedule/budget, wrong functionality, wrong user interface Explanation:Wallace and Keil (2004) categorize risk factors into four types: Personnel shortfall, Unrealistic schedule/budget, Wrong functionality, and Wrong user interface. These types of risks may manifest themselves in a variety of ways and have different causes.

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Q. What are the four types of risks identified by Wallace and Keil (2004)?

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