Risk management
Risk management is concerned with identifying risks
and drawing up plans to minimise their effect on a
project.
A risk is a probability that some adverse
circumstance will occur.
Project risks affect schedule or resources
Product risks affect the quality or performance of
the software being developed
Business risks affect the organisation developing
or procuring the software
•
Risk identification
Identify
Assess
project, product and business risks
•
Risk analysis
the likelihood and consequences of
these risks
up plans to avoid or minimise the
effects of the risk
the risks throughout the project