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May 2015 Archive


What Is Risk Management
What Is Risk Management

Risk management is about understanding the internal and external project influences that can cause project failure. Once the project plan is built, a risk analysis should be carried out. The result of the initial risk analysis is a risk plan that should be reviewed frequently and adjusted

Tags risk management, software development, life cycle, inherent risk

Risk Management Models
Risk Management Models

A number of models of risk management, readily usable by project managers, have been identified by the Project Management and Software Engineering Institutes and through the groundbreaking software engineering work of Barry Boehm.

Tags cost variables, inherent risk, risk mitigation, software development

Project Risk and the SEI
Project Risk and the SEI

The Carnegie Mellon University's Software Engineering Institute developed a software risk model based on the Shewhart-Deming cycle. The model provides information and feedback, internal and external to the project, on the risk activities, current risks, and emerging risks. Figure

Tags software risk model, software development, project management, project risk

Analyzing and Quantifying Risks
Analyzing and Quantifying Risks

There are some old and new risk analysis tools and techniques to use. The previously discussed tools for analyzing the identified risks are:

Tags project risk, risk quantification, conservative schedule

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