Title: Risk management models in software engineering

Authors: Subhas C. Misra, Uma Kumar, Vinod Kumar, Mahmud A. Shareef

Addresses: Sprott School of Business, Carleton University, Ottawa, Ontario K1S 5B6, Canada. ' Sprott School of Business, Carleton University, Ottawa, Ontario K1S 5B6, Canada. ' Sprott School of Business, Carleton University, Ottawa, Ontario K1S 5B6, Canada. ' Sprott School of Business, Carleton University, Ottawa, Ontario K1S 5B6, Canada

Abstract: With the tremendous growth in the complexity of software development in the last 10–15 years, the management of risks in software engineering activities is becoming an important and non-trivial issue from three perspectives: project, process and product. Therefore, researchers and practitioners are continually trying to find effective risk management approaches. In this paper, we briefly discuss the principles of risk management in software engineering, review some of the process models popular in the software engineering community, and finally discuss some of the important works conducted recently in this area in the last five years. While writing the paper, we have focused mostly on project, and process-based risks and not on product risks.

Keywords: risk management; modelling; software engineering; project management; process management; benchmarking.

DOI: 10.1504/IJPMB.2007.013318

International Journal of Process Management and Benchmarking, 2007 Vol.2 No.1, pp.59 - 70

Published online: 20 Apr 2007 *

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