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Need for Effective Risk Management Strategy during Software Development Process–A Holistic View
Risk management in software development is one of the well-known methods for successful software development strategy. This is because though risks can affect all parameters of the project, it specifically influences those parameters which are deemed to be modulating the success nature of the project based on the severity of the risk. This paper therefore provides a sample of few risks and put forth their holistic view on the types of severity encountered during project development. This knowledge further throws light on the fact that if risks are not attended at the right time, they can propagate further and cause hazardous impact on the project deliverables.
Keywords
Software Engineering, Risk Management, Risk Impact, Risk Severity, Software Project Management.
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