Which of the following represents a risk in the Spiral Development Model?

The Spiral Development Model is designed to incorporate iterative risk assessment and technical feedback throughout the development process. While it offers several advantages, it is also associated with specific risks that can impact project outcomes.

The risk related to over-budget projects is significant in the context of the Spiral Development Model because this approach involves multiple iterations and extensive stakeholder involvement. As the development progresses, the scope of the project can expand based on continuous feedback and changing requirements. This can lead to project phases taking longer than anticipated and, ultimately, incurring additional costs. Additionally, the iterative nature may require more resources, both in terms of time and finances, to refine the solution more thoroughly, which further contributes to budget overruns.

Thus, the risk of projects going over-budget in the Spiral Development Model reflects the increased complexity and evolving requirements that can emerge from constant feedback and evaluation practices embedded in the model, making it a crucial consideration for project managers and stakeholders.