“The New Beginning and Prototyping” Please respond to the following:
Give your opinion on what Thomas L. Friedman is referring to with the words, â€œNow the real IT revolution is about to begin.â€ Discuss how the beginning, referred to by Friedman, is different from the last couple of decades.
Evaluate prototyping as a technique for gathering quality business requirements. Determine the approach to prototyping that would be better suited for emerging technology projects. Determine if a combination of prototyping approaches would be more efficient. Explain your answer.
“Risk Management” Please respond to the following:
Determine why project risk management is a key component to bringing a project to a successful conclusion. Include an example to support your answer.
Reflecting upon your example, describe the relationship between project risk management and cost estimation.