Any kind of project when proceeded with needs to be assessed with the prospect of risk emergence during the development of the project. Risk can occur at any time during the process of development of the project and should be attended at the very instant it has been found. The process of mitigation of risk has to be prompt and smooth so that minimal amount of resources are damaged by the risk. For the mitigation of risks, two types of methods are followed. The first begin the process of risk management where the team has a set of rules set out before the implementation of the project to follow during the time of risk findings. The second process is the use of risk analysis, which is to be followed when an uncertain risk has surfaced on the project and needs to be removed as soon as possible. The risks of the project are generally based on certain assumptions, which has been discussed below:
The process of quality management is prepared for the development of the appropriate ticket booking system on the online basis for the working committee of RAILS. This has been developed for the provision of a proper method of quality sharing and along with this, the functions that are used as a collective foe the analysis of the project before the initiation phase of the project can start.
Closure Checklist: The closure checklist has the proper inclusion of all the activities that has been followed during the development of the project with the inclusion of the stakeholder sign off, preparation of the evaluation plan and the contract sigh off. Apart from these, there is the inclusion of the review of the performance of the workers and the project as well as the complete documentation of the working procedure of the project.
Evaluation Plan: The assessment of the evaluation plan has the inclusion of all the criteria’s that were met during the meetings, achievement of the levels of deliverable of the working procedure, meeting of quality of work deliverable and the meeting of the requirements of the project as per the clients wishes.
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