Software Engineering Risk Management

Risks in Software Engineering

Key Features of Risks:

  • Uncertainty: Probability of occurrence.
  • Losses: Potential negative impacts.
  • Areas Affected: Product, performance, maintainability, production process, development time, cost.

Types of Risks:

  • Project Risks: Increased costs, organizational overflow.
  • Technical Risks: Risks related to technology and development.
  • Business Risks: Market, strategy, sales, management, budget.

Risk Identification & Groups

Risks can be categorized as:

  • Generic Risks: Common to all projects.
  • Specific Risks: Require in-depth project knowledge.

Risk Categories:

  • Related to the size of the product.
  • Impact on the organization.
  • Type of customer.
  • Definition of the production process.
  • Development environment.
  • Team experience and size.

Risks Associated with Product Size:

  • Estimated project size.
  • Confidence in the estimate.
  • Number of programs, files, and transactions.
  • Size relative to other projects.
  • Database size.

Risks Related to Organizational Impact:

  • Effect on product net sales.
  • Visibility from the organization’s leadership.
  • Reasonableness of the delivery date.
  • Number of customers using the product.
  • Number of products that must interact.

Risks Related to the Customer:

  • Previous experiences with the customer.
  • Clarity of customer needs.
  • Customer willingness to dedicate time to formal requirement specification.

Risks in the Production Process:

  • Clear policy of standardization and monitoring methodology.
  • Existence of a written methodology for the project.
  • Previous use of the methodology in other projects.
  • Use of prototyping tools.
  • Availability of productivity metrics.

Technological Risks:

  • New technology in the organization.
  • Requirement for new algorithms or I/O technology.
  • Need to interact with new hardware.
  • Need to interact with unproven software.
  • Use of new analysis, design, and testing methods.

Risks in the Development Environment:

  • Availability of project management tools.
  • Availability of development process management tools.
  • Availability of analysis and design tools.
  • Use of a database or central repository.

Risks Associated with Team and Experience:

  • Availability of the best staff.
  • Team members possess appropriate skills.
  • Sufficient personnel available.
  • Staff commitment for the entire project duration.

Key Risk Areas:

  • Performance
  • Cost
  • Maintainability
  • Planning

Risk Estimation:

Factors defining the impact of a risk’s occurrence:

  • Scope: Severity and impact on the project.
  • Timing: When and for how long the effects last.
  • A reference point should be defined to relate risk factors.

Risk Management and Monitoring (RMM):

  • Risk Avoidance: Define strategies to prevent the risk.
  • Risk Mitigation: Minimize effects if the risk occurs.
  • Monitoring: Track indicators influencing risk probability.
  • Contingency Plan: Actions if avoidance and monitoring fail.

Security Risks and Hazards:

  • Consider both safety hazards and physical hazards.
  • Treat them as special requirements throughout the lifecycle.