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Navigating External Factors in Small Business Risk Management

Proofhub

However, it’s essential to keep in mind the influence of external, uncontrolled risk factors too. Some of the sources of such risks can be: the market, the environment, the economy, or the government policies. You’ll have to be prepared for such uncontrollable situations that can affect your business through business risk management.

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COTS – Commercial off the Shelf Lifecycle Model

Jez Lister

Since then I have implemented numerous COTS Commercial off the Shelf packages in sectors such as central government, local government, law, housing and higher education. My analysis of failed or troubled COTS projects reveals some common threads which contribute to failed projects. Cons associated with a Custom Built Approach.