Risk Impact Analysis across the Phases of Software Development

Abstract—Successful development of software project in any organization is achieved by ensuring that the delivered system meets the expectations of the customer. Aforementioned objective can be achieved by overcoming the constraints that hinder the path of success. These hindrances emerge as risks that might cause the possibility of failure while procuring the customer satisfaction in software organization. Risk therefore should be resolved by implementing preventive measures which avoids the occurrence of risk or even by planning the mitigation when its occurrence is unavoidable. It is further proven that Cost, Time, People and Process (CTP²) which are some of the success factors of any project will surface as risks if overlooked.
This paper therefore focuses on analyzing the impact of these risks across all the phases of software development which are categorized in terms of short term and long term projects. This mode of analysis enables the developer to comprehend and thereby manage the risks more effectively.

Index Terms—Risk management, risk analysis, risk factors, software engineering, software development process, software development life cycle.

Raghavi K. Bhujang is with Dept. of MCA, PESIT, Bangalore, and Industry Incubation Centre, Jain University, RIIC, DSI, Bangalore, India (e-mail: raghavi@pes.edu).
Suma V. is with Research and Industry Incubation Centre, Dayananda Sagar Institutions, Bangalore, India.

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Cite: Raghavi K. Bhujang and Suma V., "Risk Impact Analysis across the Phases of Software Development," Lecture Notes on Software Engineering vol. 2, no. 3, pp. 282-287, 2014.