Managing Risk

Managing Risk
Author: Elaine M. Hall Ph.D.
Publisher: Pearson Education
Total Pages: 451
Release: 1998-02-05
Genre: Computers
ISBN: 0768684919

"The increasing rate of technological change we are experiencing in our lifetime yields competitive advantage to organizations and individuals who are willing to embrace risk and the opportunities it presents. Those who choose to minimize or avoid risk, as opposed to managing it, set a course for obsolescence. Hall has captured the essence of risk management and given us a practical guide for the application of useful principles in software-intensive product development. This is must reading for public and private sector managers who want to succeed as we begin the next century." - Daniel P. Czelusniak, Director, Acquisition Program Integration Office of the Under Secretary of Defense (Acquisition and Technology) The Pentagon "Since it is more than just common sense, the newcomer to risk management needs an intelligent guide. It is in this role that Elaine Hall's book excels. This book provides a set of practical and well-delineated processes for implementation of the discipline." - Tom DeMarco, from the Foreword Risk is inherent in the development of any large software system. A common approach to risk in software development is to ignore it and hope that no serious problems occur. Leading software companies use quantitative risk management methods as a more useful approach to achieve success. Written for busy professionals charged with delivering high-quality products on time and within budget, Managing Risk is a comprehensive guide that describes a success formula for managing software risk. The book is divided into five parts that describe a risk management road map designed to take you from crisis to control of your software project. Highlights include: Six disciplines for managing product development. Steps to predictable risk-management process results. How to establish the infrastructure for a risk-aware culture. Methods for the implementation of a risk management plan. Case studies of people in crisis and in control.

Project Risk Management

Project Risk Management
Author: Kurt J. Engemann
Publisher: Walter de Gruyter GmbH & Co KG
Total Pages: 284
Release: 2021-03-08
Genre: Business & Economics
ISBN: 3110652323

Managing risk is essential for every organization. However, significant opportunities may be lost by concentrating on the negative aspects of risk without bearing in mind the positive attributes. The objective of Project Risk Management: Managing Software Development Risk is to provide a distinct approach to a broad range of risks and rewards associated with the design, development, implementation and deployment of software systems. The traditional perspective of software development risk is to view risk as a negative characteristic associated with the impact of potential threats. The perspective of this book is to explore a more discerning view of software development risks, including the positive aspects of risk associated with potential beneficial opportunities. A balanced approach requires that software project managers approach negative risks with a view to reduce the likelihood and impact on a software project, and approach positive risks with a view to increase the likelihood of exploiting opportunities. Project Risk Management: Managing Software Development Risk explores software development risk both from a technological and business perspective. Issues regarding strategies for software development are discussed and topics including risks related to technical performance, outsourcing, cybersecurity, scheduling, quality, costs, opportunities and competition are presented. Bringing together concepts across the broad spectrum of software engineering with a project management perspective, this volume represents both a professional and scholarly perspective on the topic.

Risk Management in Software Development Projects

Risk Management in Software Development Projects
Author: John McManus
Publisher: Routledge
Total Pages: 192
Release: 2012-06-25
Genre: Business & Economics
ISBN: 1136367918

Very few software projects are completed on time, on budget, and to their original specification causing the global IT software industry to lose billions each year in project overruns and reworking software. Research supports that projects usually fail because of management mistakes rather than technical mistakes. Risk Management in Software Development Projects focuses on what the practitioner needs to know about risk in the pursuit of delivering software projects. Risk Management in Software Development Projects will help all practicing IT Project Managers and IT Managers understand: * Key components of the risk management process * Current processes and best practices for software risk identification * Techniques of risk analysis * Risk Planning * Management processes and be able to develop the process for various organizations

Software Engineering Risk Management

Software Engineering Risk Management
Author: Malte Sunderkötter
Publisher: GRIN Verlag
Total Pages: 116
Release: 2004-10-02
Genre: Computers
ISBN: 3638310973

Research Paper (undergraduate) from the year 2004 in the subject Computer Science - Commercial Information Technology, grade: 1,0 (A), University Karlsruhe (TH) (Institute for Computer Science), language: English, abstract: While computer scientists have developed and provided several powerful computer languages and techniques in the last decades, facilitating the development of modular, maintainable and e±cient code, software development itself has changed fundamentally. Software development today treats often with large-scale projects, immense development costs, and complex sys- tems which typically deploy multiple technologies and require multiple participants for their development. As with any large development exercise, the development of a complex system must be systematic and structured in order to manage this complexity, and in order to make possible the future maintenance and evolution of the system. Thus, while systematic and structured approaches are necessary for the development of such systems, software engineers have attempted to provide the structured methodologies and formalisms so often lacking in large software development projects. However, software development projects are still related with many di®erent high risks. These risks cause software engineering projects to exceed bud- gets, miss deadlines, or deliver less than satisfactory products. As an example, U.S. companies alone spent an estimated $59 billion in cost overruns on IT projects and another $81 billion on cancelled software projects in 1995 (Johnson 1995). One reason for these high costs is that managers are not using adequate measures and executing e±cient risk management assess and mitigate the risks involved in these projects. Although risk taking is essential to progress, and failure is often a key part of learning, the inevitability of risks does not imply the inability to recognize and manage risks to minimize potential negative consequences while retaining the opportunities for creating new and better software. Obviously, this risk management process is particularly di±cult for large-scale soft- ware projects and be handled in the same way as for small project, or just by providing more resources for all development factors.

Managing and Leading Software Projects

Managing and Leading Software Projects
Author: Richard E. Fairley
Publisher: John Wiley & Sons
Total Pages: 515
Release: 2011-09-20
Genre: Computers
ISBN: 1118210999

The book is organized around basic principles of software project management: planning and estimating, measuring and controlling, leading and communicating, and managing risk. Introduces software development methods, from traditional (hacking, requirements to code, and waterfall) to iterative (incremental build, evolutionary, agile, and spiral). Illustrates and emphasizes tailoring the development process to each project, with a foundation in the fundamentals that are true for all development methods. Topics such as the WBS, estimation, schedule networks, organizing the project team, and performance reporting are integrated, rather than being relegating to appendices. Each chapter in the book includes an appendix that covers the relevant topics from CMMI-DEV-v1.2, IEEE/ISO Standards 12207, IEEE Standard 1058, and the PMI® Body of Knowledge. (PMI is a registered mark of Project Management Institute, Inc.)

Managing Risk in Software Systems

Managing Risk in Software Systems
Author:
Publisher:
Total Pages: 11
Release: 1995
Genre:
ISBN:

A methodology for risk management in the design of software systems is presented. It spans security, safety, and correct operation of software within the context of its environment, and produces a risk analysis and documented risk management strategy. It is designed to be iteratively applied, to attain appropriate levels of detail throughout the analysis. The methodology and supporting tools are discussed. The methodology is critiqued relative to other research in the field. Some sample applications of the methodology are presented.

Secure Software Systems

Secure Software Systems
Author: Erik Fretheim
Publisher: Jones & Bartlett Learning
Total Pages: 385
Release: 2023-03-08
Genre: Computers
ISBN: 1284286282

Secure Software Systems presents an approach to secure software systems design and development that tightly integrates security and systems design and development (or software engineering) together. It addresses the software development process from the perspective of a security practitioner. The text focuses on the processes, concepts, and concerns of ensuring that secure practices are followed throughout the secure software systems development life cycle, including the practice of following the life cycle rather than just doing ad hoc development.

Modeling, Evaluating, and Predicting IT Human Resources Performance

Modeling, Evaluating, and Predicting IT Human Resources Performance
Author: Konstantina Richter
Publisher: CRC Press
Total Pages: 272
Release: 2015-03-06
Genre: Computers
ISBN: 1482299933

Numerous methods exist to model and analyze the different roles, responsibilities, and process levels of information technology (IT) personnel. However, most methods neglect to account for the rigorous application and evaluation of human errors and their associated risks. This book fills that need. Modeling, Evaluating, and Predicting IT Human Resources Performance explains why it is essential to account for the human factor when determining the various risks in the software engineering process. The book presents an IT human resources evaluation approach that is rooted in existing research and describes how to enhance existing approaches through strict use of software measurement and statistical principles and criteria. Discussing IT human factors from a risk assessment point of view, the book identifies, analyzes, and evaluates the basics of IT human performance. It details the IT human factors required to achieve desired levels of human performance prediction. It also provides a rigorous investigation of existing human factors evaluation methods, including IT expertise and Big Five, in combination with powerful statistical methods, such as failure mode and effect analysis (FMEA) and design of experiment (DoE). Supplies an overview of existing methods of human risk evaluation Provides a detailed analysis of IT role-based human factors using the well-known Big Five method for software engineering Models the human factor as a risk factor in the software engineering process Summarizes emerging trends and future directions In addition to applying well-known human factors methods to software engineering, the book presents three models for analyzing psychological characteristics. It supplies profound analysis of human resources within the various software processes, including development, maintenance, and application under consideration of the Capability Maturity Model Integration (CMMI) process level five.