This study presents a framework for calculating the risk of various projects, especially projects under uncertain circumstances. First, the related literature is reviewed and then the relationship between risk and projects is examined. Using a case study an approach is provided to determine the project risk in uncertain circumstances where sufficient data is not available for decision-making. I...

This study presents a framework for calculating the risk of various projects, especially projects under uncertain circumstances. First, the related literature is reviewed and then the relationship between risk and projects is examined. Using a case study an approach is provided to determine the project risk in uncertain circumstances where sufficient data is not available for decision-making. I...

Software Risk Management is a critical area among the nine knowledge areas used in Software project management. This paper describes different frameworks and paradigms used in risk management. A framework or a model is decided for managing risks in a project. This model acts as a tool for efficient risk management. It has basic steps of Risk identification, risk planning, risk assessment, risk ...

Background of the situation This project came about because NASA needed an independent cost, schedule and risk assessment of a proposed system. This proposed system was an update to an existing system, which was primarily a hardware system with a small amount of software. The proposed configuration used some of the existing hardware, but some of the hardware would be modified while other hardwa...

A dynamic software risk assessment model is presented. Analogies between dynamic financial analysis and software risk assessment models are established and based on these analogies it suggested that dynamic risk model for software projects is the way to move forward for the risk assessment of software project. It is shown how software risk assessment change during different phases of a software...

Risk management that is one of the knowledge areas of software project management process, has a direct impact on the success of the Project. the success of the project can be estimated in the project first phase by creating a predictive risk model with the risks and results in similar projects. For this purpose, the studies on risk estimation and risk evaluation have started to show increase i...

A dynamic software risk assessment model is presented. Analogies between dynamic financial analysis and software risk assessment models are established and based on these analogies it suggested that dynamic risk model for software projects is the way to move forward for the risk assessment of software project. It is shown how software risk assessment change during different phases of a software...

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...