MOISE BISIMWA : ……………..

21/BSE/BU/R/0004
FRANK OPIYO :.................... 21/BCC/BU/R/0003
BULESA DANIEL : ................. 20/BSE/BU/R/0001
SSENYUNJA ISAAC : ............. 20/BCN/BU/R/0008
EMMANUEL JIBI TABAN
NIZEYIMANA YVES : ………….. 22/BCC/BU/R/0008
OKELLO SIMON PETER: ………… 20/BCE/BU/R/0002

TAMBWE ABATI ARIEL: ………… 19/BSE/BU/R/0008

Project Risk Management

  Risk; A risk refers to anything that may occur
and interfere with the software or system
production, when they occur they delay the
production process.

Introduction  Risk Management, according to Brenna

Schwartz (2021). “Project risk management is
the process of identifying, analysing and
responding to any risk that arises over the life
cycle of a project to help the project remain on
track and meet its goal.”
  In project risk management, individuals and
organizations may show different attitudes
towards risk. These attitudes can broadly be
categorized into
Attitude toward
risk management
 1. Risk Averse
 2. Risk Neutral
 3. Risk Seeking
  The Risk Management Process is composed of 5
essential steps to follow that include the
following

Risk Management  1.Identify the risk
Process  2. Analyze the risk
 3. Evaluate the risk
 4. Treat the risk
 5. Monitor and Review the Risk
  Definition
 It’s a development of systems able to meet
changing user needs, environments.
 It’s a software development method which
involves multiple releases in both the planning and
Evolutionary System development phases.
Development
 Different releases accommodation changes in
requirements and features are added in future
releases, instead of pushing forward release dates
like in waterfall model.
 It’s best applied for software or systems that are
evolve, whose requirements are expected to change
  •Since requirements are never fully defined, it
accommodates new requirements and hence functionality.
 •Hardware, software and laws can become obsolete over
time.
Why Use  •Changing environment (politics, procedures, technology).
Evolutionary System
Development  •Partial deployment of functionality is better than no
deployment at all.
 •Accepts feedback from end users themselves who may not
be present during development.
 •Better for funding constraints; functional product which
can be extended can be got early.
  Managing the life cycle process.
 Cost estimation, due to repeated integration,
Issues With testing, retraining.
Evolutionary System
Development  Performing quality assurance.
 Managing risk.
 Better used for long living systems.
  Feature functionality is available early in the
development cycle.
Advantages Of  Before the funding is complete a working
Evolutionary System
Development system can be developed already.
 Using (testing) the system before completion
can correct requirements.
  Lack of understanding and familiarity.
Disadvantages  Frequent updates
Of Evolutionary
System  Troubleshooting
Development
 Lack of tool support.
 1. Model-driven
2. Adaptable
Supporting Evolution
Development 3. Dynamic
Architecture
4. Product-line
5. Commercial Off-The-Shelf
 1. Early Design Decisions
The Role Of
Architecture 2. Transferable System Abstraction

3. Mutual Communication
  Revenue generation before complete product.
 It is related to open source.
How Evolutionary  Quality assurance in releases through regression
Manages Risks testing.
 The process is well-documented.
 Iterations continue until the product is retired.
 1. Accept You’ve Got A Tight Deadline

2. Be realistic About your Priorities

3. Master The Art Of Communication Under Stress

4. Going off-grid to Reduce Your Distraction

Dealing With 5. Plan For Your Project Deadline Management
Deadline Pressures
6. No Means No

7. Make a Habit Of Avoiding Multitasking

8. Give Yourself A Break

9. Hone your Time Management Techniques

10. Learn From Your Mistakes

  Marie B, Jérémie C, Capucine C, Alioune D,
Emmanuel L, Jessy M, Ingrid N, Pierre P, Louann S,
Chris W (2021). The Risk Management Process: 4
Essential Steps;
https://www.migso-pcubed.com/blog/risk-managem
ent/four-step-risk-management-process/#:~:text=Ste
REFERENCES p%201%3A%20Risk%20Identification,4%3A%20R
isk%20Monitoring%20and%20Reporting
 Brenna Schwartz (2021). The Risk Management
Process in Project Management;
https://www.projectmanager.com/blog/risk-manage
ment-process-steps
 Vlad Kovalsky (2023). Project Deadline
Management: 10 Tips for Dealing with Tight
Deadlines;
https://www.bitrix24.com/articles/project-deadline-
management-10-tips-for-dealing-with-tight-deadline