Tech Risk Management
Tech risk management is an intrinsic part of the planning process of any project. It provides answers to questions like – “What if the technology we rely on fails?”. It is not unusual for many projects to have new unproven tech at their core, or even tech that has not been developed yet. How can you guarantee that it is going to work out?
Often times, the answers to questions like these are sought not only by the internal team managers, but by investors as well. If nothing else, they are putting their money on the line and it is only natural that they would want some reassurance their investment is not a gambling venture. (more…)