An IS auditor finds that the cost of developing an application is now projected to significantly exceed the budget. Which of the following is the GREATEST risk to communicate to senior management?
I'm leaning towards B - inability to achieve expected benefits. That seems like the most critical risk to communicate to senior management in this situation.
I think the increased staff turnover could be a significant risk too. If the project is going over budget, that might lead to morale issues and people leaving.
Hah, I bet the project manager is sweating bullets over this one. Talk about a career-limiting move if they can't keep those costs in check. Good luck with that!
Hmm, I'm torn between B) and D). But I think D) is the safest bet - the boss will freak out if we mention the project could get axed entirely. Better to rip the band-aid off, you know?
B) Inability to achieve expected benefits is definitely the greatest risk here. The business goals are at stake, not just the project timeline or methodology.
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