International Science Index


992

A New Dimension in Software Risk Managment

Abstract:A dynamic risk management framework for software projects is presented. Currently available software risk management frameworks and risk assessment models are static in nature and lacks feedback capability. Such risk management frameworks are not capable of providing the risk assessment of futuristic changes in risk events. A dynamic risk management framework for software project is needed that provides futuristic assessment of risk events.
References:
[1] Daniel Bernoulli, Exposition of a new Theory on the Measurement of Risk (English Translation), The papers of Imperial Academy of Science in Petersburg, vol. V, 1738, pages 175-192.
[2] Barry W. Boehm, Software Risk Management: Principles and Practices, IEEE Software, pages 33-40, January 1991.
[3] Software Engineering Institute, Software Risk Evaluation Method Description, version 2.0, CMU/SEI-99-TR-029, Dec. 1999.
[4] Software Engineering Institute, CMMI for Development version 1.2, August 2006.
[5] Project Management Institute, A Guide to the Project Management Body of knowledge (PMBOK Guide), Third Edition, 2004.
[6] Mauro Gasparini et al, Dynamic Risk Control for Project Management, Statistical Methods and Applications, vol 13, pages 78 - 88, 2004.
[7] Casualty Actuarial Society, Dynamic Risk Modeling handbook, http://www.casact.org/research/drm/