Risk and its types in software engineering
Risk is the future possibility term, in which we getnegative and undesirable results which are probably
is 0-100%. But this a probability not true.
Types of risk:-
1. Management risk
2. Technical risk
3. Financial or budget risk
4. Schedule risk
5. Contractual & legal risk
6. Operational risk
1. Management risk:-The main causes are planning was
not done effectively.
- Due to the lack of planning.
- The experience of management is minimum and due to the lack of training.
- Due to the lack of communication performance.
- The solution of organizations matter was not found
2. Technical risk:-
- Changes always came in basic needs.
- A new technique was not present.
- Coding was not present in the high-level language.
- The ability of software is not so good.
So it has many risks. There are some causes:-
- The software was not complete in the analyzed budget.
- The number of changes in software increased day by day.
- The work/size of the project was increased.
time. The project was increased, unfortunately. The
changes did not track in the right way. The price of
resources is increased.
5. Contractual & legal risks:-
- The project was not developed in the rules of the government.
- The software shows problems under warranty.
- The requirement of software was changed.
- Security etc.
- The process was not applied correctly.
- Due to the lack of team spirit.
- Due to the lack of responsibility of the developer.
- Due to the lack of practice.
- Due to the lack of communication between the team.
- Changes come in government policy.
- Tools are not present appropriately.
- Facilities were not present.
- Computer resources were not present.
- Due to the lack of contracts.
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