Final answer:
During the requirements analysis and risk assessment phase for a new data analytics system, management is most likely to engage in validation of system performance and security expectations. This phase involves setting performance benchmarks, establishing security standards, and gathering stakeholder feedback to ensure the development of a refined and secure system.
Step-by-step explanation:
In the context of the development process for a new system aimed at data analytics, management will most likely be involved with activities such as validation of expectations relating to the system performance and security. Since the question focuses on the requirements analysis and risk assessment phase, the main activities would encompass ensuring that the new system will meet user needs in terms of functionality, speed, reliability, and protection against potential security threats. It is during this phase that performance benchmarks and security standards will be established.
The testing and evaluation phase will involve iterations of prototyping, testing, and refinement of the design. It is important to evaluate potential designs relative to the set constraints and criteria, selecting the best design to move forward into the prototyping phase. Feedback from stakeholders is essential, and their buy-in is critical for successful project implementation. This reflects an understanding of the iterative process of creating a refined, functional, and secure system.