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Perceptions on Risk Management Strategies in Software Development

International Journal of System and Software Engineering

Volume 2 Issue 1

Published: 2014
Author(s) Name: Nitin Deepak, Shishir Kumar | Author(s) Affiliation:
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Abstract

According to CHAOS 2004, maximum projects were finished with overtime and over-budget, which cause project failure. Therefore this risk should be analyzed to understand software risk. Many authors have identified different risk factors like team risk, organizational and environmental risk, requirements risks, plan and control risk, etc. Solutions are not many, but simulation and case studies are some of the solutions to reduce risk. In this paper, open source architecture is discussed and also a solution is proposed, which makes the development more easy and secure towards risk.

Keywords: N.A.

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