Applied software risk management




















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Save your company thousands of hours per year. For most software development projects, we can define five main risk impact areas:. New, unproven technologies. The majority of software projects entail the use of new technologies. Ever-changing tools, techniques, protocols, standards, and development systems increase the probability that technology risks will arise in virtually any substantial software engineering effort.

Training and knowledge are of critical importance, and the improper use of new technology most often leads directly to project failure. User and functional requirements. Software requirements capture all user needs with respect to the software system features, functions, and quality of service. Too often, the process of requirements definition is lengthy, tedious, and complex. Moreover, requirements usually change with discovery, prototyping, and integration activities.

Change in elemental requirements will likely propagate throughout the entire project, and modifications to user requirements might not translate to functional requirements.

These disruptions often lead to one or more critical failures of a poorly-planned software development project. Application and system architecture. Taking the wrong direction with a platform, component, or architecture can have disastrous consequences. As with the technological risks, it is vital that the team includes experts who understand the architecture and have the capability to make sound design choices. Consideration must be given to benchmarks and threshold testing throughout the project to ensure that the work products are moving in the right direction.

Organizational problems may have adverse effects on project outcomes. Project management must plan for efficient execution of the project, and find a balance between the needs of the development team and the expectations of the customers. Of course, adequate staffing includes choosing team members with skill sets that are a good match with the project.

After cataloging all of the risks according to type, the software development project manager should craft a risk management plan. As part of a larger, comprehensive project plan, the risk management plan outlines the response that will be taken for each risk—if it materializes.

To be effective, software risk monitoring has to be integral with most project activities. Written in a clear and concise manner, this resource presents concepts and practical insight into managing risk.

It first covers risk-driven project management, risk management processes, risk attributes, risk identification, and risk analysis. The book continues by examining responses to risk, the tracking and modeling of risks, intelligence gathering, and integrated risk management. It concludes with details on drafting and implementing procedures.



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