Project Risk Analysis and Risk Management Plan It is generally agreed that the stage of the system development life cycle known as analysis is the most important phase. Even though the success of a project is dependent on a number of different aspects, it is arguable that the most important aspect of a project's success is correctly capturing the requirements at an early stage. According to the principles of project management, a project is deemed a failure if it is unable to fulfill the needs of the end user. However, in order to provide business analysts a sufficient amount of time to develop logical models, it is necessary to gather requirements in a timely manner. Risk Analysis and Risk Management Plan This section of the report focuses on the potential risks that can pose a challenge to the project and the plan to mitigate the impact of these risks. Potential risks for this project ● Loss of documents including code ● Absence of team members ● Failure to meet deadlines ● Poor communication ● Power related risks Tasks Mentioned below are the key tasks of the project. ● Understanding Stakeholders’ requirements ● Research and developing a requirement plan ● Planning ● Training ● Designing ● Development ● Testing and Deployment ● Maintenance until the handover Dependencies Due to the hybrid nature of the company, the effective completion of the tasks will be contingent on the completion of the activities that came before them. For instance, before it was indicated that the completion of job one is necessary for the successful completion of task two. System Administration, Security, Backup, and Recovery When you make a backup of your data, you produce a copy of that data that you may use to recover the original data in the event that it is lost. These mistakes may be the result of defective hardware or software, corrupted data, or a human error such as a targeted attack or an unintended deletion. Other possible causes include corruption of the data and malfunctioning hardware or software. Nevertheless, consideration of it has been included in the strategy for risk management for the current scenario. Scope Administration and Change Control Procedure It was very necessary to use efficient change control procedures in order to keep the system documentation as accurate as possible. A significant portion of the documentation 3 included highly animated graphics, tables, and textual text. Because of the complexity of the process, the team needed a powerful control management system; they utilized GitHub for this.