Software Engineering | Risk Management

Risk Management:
A computer code project may be laid low with an outsized sort of risk. so as to be ready to consistently establish the necessary risks which could have an effect on a computer code project, it’s necessary to reason risks into completely different categories. The project manager will then examine the risks from every category square measure relevant to the project.

There square measure 3 main classes of risks that may have an effect on a computer code project:

  1. Project Risks:
    Project risks concern varies sorts of monetary fund, schedule, personnel, resource, and customer-related issues. a vital project risk is schedule slippage. Since computer code is intangible, it’s terribly tough to observe and management a computer code project. it’s terribly tough to manage one thing that can not be seen. For any producing project, like producing cars, the project manager will see the merchandise taking form.

    For example, see that the engine is fitted, at the moment the doors area unit fitted, the automotive is obtaining painted, etc. so he will simply assess the progress of the work and management it. The physical property of the merchandise being developed is a vital reason why several computer codes comes to suffer from the danger of schedule slippage.

  2. Technical Risks:
    Technical risks concern potential style, implementation, interfacing, testing, and maintenance issues. Technical risks conjointly embody ambiguous specifications, incomplete specification, dynamic specification, technical uncertainty, and technical degeneration. Most technical risks occur thanks to the event team’s lean information concerning the project.

  3. Business Risks:
    This type of risk embodies the risks of building a superb product that nobody needs, losing monetary fund or personal commitments, etc.

Don’t stop now and take your learning to the next level. Learn all the important concepts of Data Structures and Algorithms with the help of the most trusted course: DSA Self Paced. Become industry ready at a student-friendly price.

My Personal Notes arrow_drop_up

Check out this Author's contributed articles.

If you like GeeksforGeeks and would like to contribute, you can also write an article using or mail your article to See your article appearing on the GeeksforGeeks main page and help other Geeks.

Please Improve this article if you find anything incorrect by clicking on the "Improve Article" button below.

Article Tags :

Be the First to upvote.

Please write to us at to report any issue with the above content.