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risk management

Discuss the challenges and strategies for managing and mitigating software project risks.

Software Project Risk In software engineering, a project risk refers to any factor or event that has the potential to adversely impact the successful completion of a software project. These risks can take various forms, including technical challenges, changing requirements, resource limitations, unexpected delays, budget constraints, and external factors like market shifts or regulatory changes. …

Discuss the challenges and strategies for managing and mitigating software project risks. Read More »

What are the categories of risks in software engineering? Explain the process of risk management.

Risk management is a series of steps that help a software team to understand and manage uncertainty. It’s a really good idea to identify it, assess its probability of occurrence, estimate its impact, and establish a contingency plan that─ ‘should the problem actually occur’. Risk management is a part of umbrella activities.

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