risk management in software engineering csc 532 advanced software engineering term paper...
TRANSCRIPT
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RISK MANAGEMENT IN SOFTWARE ENGINEERING
CSC 532 Advanced Software Engineering
Term Paper Presentation
Presented by : Vijaya S Karri
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Contents
Risk Management Risk Management Paradigm Risk management framework Dataflow diagram Risk management in project management Conclusion References
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Risk
Risk is the possibility of suffering loss. It is the potential future harm that might occur due
to some present action. There are three kinds of measures Probability- It is a measure of the likelihood that a threat will
occur. Impact- It is a measure of the loss that occur when threat is
realized. Risk exposure- It helps to measure the magnitude of a risk
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Types of risks
Technical risk: Includes problem with languages, project size, project functionality .
Management risk: It includes lack of management experience and lack of planing.
Financial risk: Includes cash flow, capital and budget issues. Project Risks: affect project schedule or resources. Product Risks: affect product quality or performance of software. Personnel risk: Includes staffing lags, experience and training
problems.
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Risk Management
Risk management is a process for minimizing the risks.
Risk management activities: Asses risk: Estimate the impact of the risk. Plan for risk mitigation:
It addressing or mitigating each and every risk, and produce a plan for implementing it.
Mitigate risk: It identifies the risk and tracking the plan to completion.
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Risk management framework
There are three phases of the framework.
Figure : Framework Structure
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Dataflow Diagram
Inputs—this is an item that is used by a phase to produce an output. Outputs—the results that can be produced by a phase. Constraints—items that restrict the execution of a phase and its activities Resources—items that are used while execution of a phase and its activities
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Framework for risk management
Main questions answered by phase 1 Who is sponsoring risk management ? What is the plan for conducting risk management ?
Main questions answered by this phase 2 What resources are required to effectively conduct risk management ? Which activities are performed to minimize the risk?
Main questions answered by this phase 3 What lessons were learned when conducting risk management? How does the risk management practice (e.g., plan, methods, tools,
resources, training) need to be updated or improved?
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Conclusion
To manage the risks we have to establish a good bondage between the team members and customer.
A good base about risk management could gives a good deal in tackling the risks.
Risk not always negative and it is an opportunity to develop our projects in a better way with good results.
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References
Christopher J. Alberts, Audrey J. Doro fee. Risk Management , TECHNICAL REPORT CMU/SEI-2010-TR-017 ESC-TR-2010-017
Charette, Robert N. Application Strategies for Risk Analysis. New York, NY: McGraw-Hill Book Company, 1990.
Kontio, Jyrki: Software Engineering Risk Management: A Method, Improvement Framework, and Empirical Evaluation.
http://en.wikipedia.org/wiki/Risk_management
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Thank you