Abstract:
Risks are indispensible factor for the development of software projects currently and also by its effects lots of projects been failed. Risk can, however, be reduced, stewarded, and managed in harmony with good planning and assessment. By the understanding that a significant portion of projects failures could be related to a poor risk management, risk management is one of disciplines related to project management, and its usage becomes increasingly necessary as the size and complexity of software grow. In this paper, we have considered the four ‘P’ factors of project management. These are; people, product, process and project. Risks related to these four factors are identified then we assess these risks and respond to the risks accordingly.
Keywords:
Risk, Risk Analysis, Risk Management, Four ‘P’ Factors
References:
[1] Abdullahi Mohamud Sharif and Shuib Basri ‘A Study on Risk Assessment for Small and Medium Software Development Projects’, International Journal on New Computer Architectures and Their Applications (IJNCAA) 1(2): 325-335, 2011.
[2] Boban, M., Sertic, P.Z., Strategic, H.: for Successful Software Development Risk Management. Management 8, 77- 91 (2003).
[3] Brandon, D.: Project Management for Modern Information Systems, vol. 417(6). Idea Group Inc., USA (2006).
[4] Barkley, B.T.: Project Risk Management. McGraw-Hill, New York (2004).
[5] Boehm, B.W.: Software Risk Management: Principles and Practices. IEEE Software 8(1), 32?41 (1991).
[6] Lata Nautiyal, Neena Gupta, ‘ELICIT- A New Component Based Software Development Model’, International Journal of Computer Applications (0975 – 8887), vol. 63, no.21, February 2013.
[7] Lata Nautiyal, Neena Gupta, ‘ELITE-PLUS Component Based Software Process Model’, International Journal of Computer Applications (0975 – 8887), vol. 90, no. 5, March 2014.
[8] C. Gusmão; Um modelo de processo de gestão de riscos para ambientes de múltiplos projetos de desenvolviment to de software, Doctoral Thesis in Computer Science, Centro de Informática. Universidade Federal de Pernambuco, Brazil, 2007.
[9] T. De Marco. The Deadline: A Novel About Project Management. Dors et House Publishing, New York, 1997.
[10] E. Rios. Análise de Riscos em Projetos de Teste de Software. Alta Books, 2005.
Citations:
APA:
Preeti, L. N., (2021). Considering the Four ‘P’ Factors in Risk Analysis Process of Software. International Journal of Advanced Science and Technology (IJAST), ISSN: 2005-4238(Print); 2207-6360 (Online), NADIA, 146, 21-28. doi: 10.33832/ijast.2021.146.03.
MLA:
Preeti, Lata Nautiyal, et al. “Considering the Four ‘P’ Factors in Risk Analysis Process of Software.” International Journal of Advanced Science and Technology, ISSN: 2005-4238(Print); 2207-6360 (Online), NADIA, vol. 146, 2021, pp. 21-28. IJAST, http://article.nadiapub.com/IJAST/Vol146/3.html.
IEEE:
[1] L. N. Preeti, "Considering the Four ‘P’ Factors in Risk Analysis Process of Software." International Journal of Advanced Science and Technology (IJAST), ISSN: 2005-4238(Print); 2207-6360 (Online), NADIA, vol. 146, pp. 21-28, January 2021.
