Question: 1 discuss the risk utility function and risk preference chart...
1. Discuss the risk utility function and risk preference chart in Figure 11-2, Chapter 11; Page 469. Would you rate yourself as being risk-averse, risk-neutral, or risk-seeking? Give examples of each approach from different aspects of your life, such as your current job and your personal finances.
2. Discuss the common sources of risk on IT projects and suggestions for managing them. Which suggestions do you find most useful?