Types of risk in software project management ppt


















Download Now Download Download to read offline. Software project management Download Now Download Download to read offline. Rajendra Akerkar Follow. Software engineering presentation. Project management. Steps for making presentation of final year project. Pdf primavera tutorial. Software engineering project management. Domain Modeling. Sequence Diagram of Hotel Management System. Hotel management or reservation system document. Related Books Free with a 30 day trial from Scribd.

Related Audiobooks Free with a 30 day trial from Scribd. Elizabeth Howell. Kashif Ali. Poornima Shetagar. Manthan Kaushik. Manisha Chaudhari. Hina Batool. Ummar Muhammad. Satish Kumar Singh , Infra. Show More. Views Total views. Actions Shares. No notes for slide. Software project management 1. Akerkar - SPM 1 2. It can also lead to performance risk, missing the timeline to perform its intended mission. Performance risk is the risk that the project will fail to produce results consistent with project specifications.

This is a common risk that is difficult to attribute to any single party. A project team can deliver the project within budget and schedule and still fail to produce the results and benefits. On the other hand, performance risk can lead to cost risk and schedule risk when the performance of a team or technology results in an increase in cost and duration of the project.

In sum, the company lost money and time on a project that failed to deliver. Governance risk relates to board and management performance with regard to ethics, community stewardship, and company reputation. It is directly related to the behavior of the executives who are project sponsors and stakeholders. This risk is easier to mitigate and manage with proper stakeholder engagement. Strategic risks are types of performance risks.

It results from errors in strategy, such as choosing a technology that does not work as expected. A good example would be choosing a project management software that does not help the project team in their responsibilities but instead takes more of their time to work on the software than on the actual project.

An operational risk includes risks from poor implementation and process problems such as procurement, production, and distribution. It is also a type of performance risk because poor implementation prevented the ideal outcome to happen. Market risks include competition, foreign exchange, commodity markets, and interest rate risk, as well as liquidity and credit risks. Planning for market risks is difficult and requires expertise because these types of risks are unpredictable.

But sound business and financial strategies can help protect the business. A legal risk arise from legal and regulatory obligations. Enroll for the PMP certification training from one of the best institutes such as StarAgile and leverage your professional career to great heights. Happy Learning!!!

Drop Your Query. Get A Coupon Code. Select Classroom Live Virtual online. Get Your Coupon Code. The Types of Risks in Project Management The types of risks in project management are very common for all projects. Source The risks can be further elaborated to other dimensions such as proximity to the risks and risks detecting capability etc.

The risk management process is as follows, Identification of risks Assessing the risks Evaluating or Analyzing the risks Treating the risks Documenting the risks Risk communication Risk reporting Types of risks in the project management in detail 1 Operational Risks — These types of risks involve making the right processes and then technologies and handling the production, procurement, and distribution of the products or services, etc.

Final Takeaway We have seen the 10 risks in project management that may involve careful consideration and treatments to make the project management successful. Important Links. Call Us. Drop A Query. Different tasks are performed based on SDLC framework during software development. Developing and Maintaining software project involves risk in each step. Risk and importance of risk management : Risk is uncertain events associated with future events which have a probability of occurrence but it may or may not occur and if occurs it brings loss to the project.

Risk identification and management are very important task during software project development because success and failure of any software project depends on it.

Various Kinds of Risks in Software Development : Schedule Risk : Schedule related risks refers to time related risks or project delivery related planning risks. The wrong schedule affects the project development and delivery.



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