soft_engg_lecture12 - Software Engineering Asim Banerjee...

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Software Engineering Asim Banerjee 23 rd February 2010 [email protected]
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IT314 - Software Engineering 2 Lecture Seating Plan (Sample) #1 #2 #3 #4 #5 #6 #7 #8 #9 Stage #10 #11 #12 #13 #20 #21 #24 #23 #22
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IT314 - Software Engineering 3 (1/2) Risk: Any unfavorable event or circumstance that can occur during the project life cycle NOTE: If risk becomes true, it can hamper successful and timely completion of project Risk Analysis aims at: Anticipating and Identifying project risks Access its probability of occurrence Estimate its impact So that a contingency plan can be prepared to contain their effects
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IT314 - Software Engineering 4 (2/2) Risk Management aims at: Dealing with all risks that might affect a project Risk management consists of: Risk identification Risk assessment Risk containment (contingency plans, mitigation plans)
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IT314 - Software Engineering 5 The risks that are identified, analyzed and managed should be derived from a thorough study of the people, the product, the process and the project. The Risk Monitoring, Management and Mitigation (RMMM) plan should be revisited as the project proceeds to ensure that risks are kept up to date. Contingency plans for risk management should be realistic.
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IT314 - Software Engineering 6 Reactive Risk Management Reactive risk strategies imply never worrying about problems until they happen. A reactive risk strategy monitors the project for likely risks, and resources are set aside to deal with them should they become actual problems Usually, the software team does nothing about risks until something goes wrong. This is often called a fire fighting mode . When this fails, Crisis management takes over.
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IT314 - Software Engineering 7 Software Risks Risk always involves two characteristics Uncertainty – the risk may or may not happen. NOTE : There are no 100 % probable risk Loss if the risk becomes a reality, unwanted consequences or losses will occur. NOTE : When the risks are analyzed, it is important to quantify the level of uncertainty and the degree of loss associated with each risk. Different categories of risks are: Project Risks Technical Risks Business Risks
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IT314 - Software Engineering 8 Risk Identification (1/2) One can use the risk item checklist to identify risks Product size – the overall size of the software to be built or modified Business impact – constraints imposed by management or the marketplace Customer characteristics – the interactions with the customer Process definition – the degree to which the process has been defined and being followed in the organization
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IT314 - Software Engineering 9 Risk Identification (2/2) One can use the risk item checklist to identify risks (continued) Development environment – the availability and quality of the tools to be used in the project
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This note was uploaded on 07/30/2011 for the course IT 315 taught by Professor Asimbanerjee during the Spring '07 term at Punjab Engineering College.

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soft_engg_lecture12 - Software Engineering Asim Banerjee...

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