Possible Risks and their Impacts on Software Projects
Discuss three possible risks that may arise on software projects. Determine what would be their impact and how can they be addressed Possible Risks and their Impacts on Software Projects Risks are uncertain events of the future with a probability for occurrence and a potential for loss. For software projects, risk identification and management are primary concerns. Proper analysis of these risks will help in effectively planning and assigning work for the project. One of the major reasons for project failures is the presence of multiple risks in the software project environment. Software projects are a collection of larger programs that have several dependencies and interactions. The projects involve creating something that has not been previously done, even though the developmental process may be similar to some other projects. Therefore, software developmental projects have a variety of quality and usability problems, amongst others (Kwak & Stoddard 2004). ...