Mewar University

RISK MANAGEMENT
PRESENTED BY:
GUIDED BY:
FESTUS TECHIE-MENSON
NIDHI
MCA VTH SEM
ASST. PROF.
MUR1700337
SOFTWARE PROJECT MANAGEMENT
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* Risk is future event with the probability of occurrence and a
potential for loss
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* This invloves all activities pertaining
to identification, analysis
and making provision for predictable and non-predictable risk
in the project
* Risk may include the following;
* 1. experienced staff leaving the project and a non-staff coming in
* 2. change in organizational management
* 3. requirement change or misinterpreting requirement
* 4. under estimation of required time and resources
 *
* Schedule risk; this may lead to projrct failure
* wrong time estimation
* Resources not tracked properly eg, staff

* Budget risk;
* Wrong budget estimation
* Cost overruns

*
* Operational risk; risk of loss due to improper process implementation
* Failure to priority conflicts
* Insufficient resources

* Technicsl risk; leads to failure in performance ans functionality

* causes; continous changing requirement
* Difficult project modules integration
* Programmatic risk; these are all uncertain risks that happens outside the
control of the program
* Running out of funds
* Government rule changes