Risk management is always a ticklish issue in terms of who drives the process and owns it. In a typical non-scrum project, the Project Manager is the one expected to drive and own the risk management process, and also has authority for ensuring that the risks that come up in the project are evaluated and […]
Risk management is a combination of the following 3 processes: 1. Risk identification 2. Risk assessment and 3. Risk prioritization
“Risks have been defined as the effect of uncertainty on objectives either positive or negative” as defined in the ISO 31000.
In the risk management process the above mentioned three processes are followed by […]
Risk assessment is a major process that contributes a lot to the success of a software system or application. The less is the risk associated with the software system or application the more successful and error free it is.
“Risk assessment is actually a part of a bigger process called the risk management procedure. […]