Join the social network of Tech Nerds, increase skill rank, get work, manage projects...
 
  • Risk Management

    • 0
    • 1
    • 1
    • 1
    • 0
    • 0
    • 0
    • 0
    • 131
    Comment on it

    Risk in software project is any anticipated unfavourable event or possibility of incurring loss in the Project while the project in underway . It can hamper the successful and timely completion of project.
    To Identify the risk in the Project is always remain the main concern for the management .
    For successful completing the project Effective analysis of software risks becomes the task of high priority . Risk management consist of three essential activities: Risk identification,risk assessment and risk containment
    Risk can effect following parameters of project :

    i. Scope ii. Schedule iii. Effort iv. Quality v. Lost

    To remove the possibility of risk in the project , Risk Management is implemented .
    Risk Management is a practice for managing risk in the project By following establish process ,method and tools .

    Risk Management Strategy :
    A> Identify Method and tools used to Eliminate the risk (Mitigation) .
    B> Frequency of Risk Monitoring\Reporting .
    C> To Make effective contingency plan .
    D> To Make attrition control plan .
    E> To decide effective Risk response strategy .

    Some of the Basic Examples of Risk :
    - Running out of fund .
    - Sudden changes of Government policies .
    - Lack of knowledge about tools and techniques .
    - Frequently changing requirement .
    - Inefficient time for testing.

 0 Comment(s)

Sign In
                           OR                           
                           OR                           
Register

Sign up using

                           OR                           
Forgot Password
Fill out the form below and instructions to reset your password will be emailed to you:
Reset Password
Fill out the form below and reset your password: