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During Project Analysis,IT Projects Should Be Examined Holistically-That Is,in Combination

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During project analysis,IT projects should be examined holistically-that is,in combination in order to identify investment synergies-using a project portfolio management approach.


Definitions:

Contingent Liability

A possible monetary liability that could arise based on the result of an upcoming event.

Estimable

Capable of being estimated or approximated in quantity or degree.

Remote Event

An event or condition with a very low chance of occurring, often considered insignificant in financial forecasting and analysis.

Probable Likelihood

This term refers to the high chance of occurrence or expectation that a specific event or outcome will happen.

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