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Risk Management
complete information related to management of risk...well organized..
From Mateta Elie
Risk ManagementRisk Management
Pranay SrivastavaPranay SrivastavaDecDec20082008
Agenda
Risk Management
Introduction
Risk Introduction
Risk Class
Risk Planning
Risk Life Cycle
Top Software Risks.
What is Risk Management?
Risk management is the structured approach of managinguncertainty through
Risk assessment
Developing strategies to manage it, and
Risk mitigation using available resources
Risk Management aims to reduce the various risks to anaccepted level
Improper risk management could result in spending resourcein planning/tracking risks that are not likely to occur andcould be used more profitably elsewhere.
Risk Introduction
Possibility that an action/event will adversely/beneficiallyeffect the ability of the organization to achieve objectives
Types of risk
Market
Technology
Financial
Organizational
Safety
...
Risk Classification
Software Project Risks
Resource constraints, external interfaces, inter team/inter-group coordination problems, inadequate funding, etc
Software Process Risks
Undocumented software process, lack of effective peerreviews, poor requirements management, ineffective planning,etc
Software Product Risks
Lack of domain expertise, complex design, poorly definedinterfaces, poor knowledge of legacy system(s), etc.
Risk Class
Known knowns
Risks known to the team as possible risk category and also asreality for the project
Described in the project plan and managed on an ongoing basis
Known unknowns
Risks known to the team as possible risk category but not as areality for the project
Described in the risk management plan, prioritized, & trackedon an ongoing basis
Unknown unknowns
Risks unknown to the team as possible risk category and also asreality for the project
Project team/management identifies corrective action once therisk occurs.
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Risk Mgmt Trg
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| Category: | Uncategorized. |
| Rating: | (2 Ratings) |
| Upload Date: | 01/22/2009 |
| Copyright: | Attribution Non-commercial |
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