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Software Project ...


             Figure 4. Software Risk Management Steps

                                             RISK             CHECKLISTS
                                             IDENTIFICATION   DECISION DRIVER ANALYSIS
                                                              ASSUMPTION ANALYSIS
                                                              DECOMPOSITION
                               RISK                           PERFORMANCE MODELS
                               ASSESSMENT    RISK             COST MODELS
                                             ANALYSIR
                                                              NETWORK  ANALYSIS
                                                              DECISION ANALYSIS
                                                              QUQLITY FACTION ANALYSIS
                                             RISK             RISK EXPOSURE
                                             PRIORITIZATION
                                                              RISK LEVERAGE
                                                              COMPOUND RISK REDUCTION
               RISK
               MANAGEMENT
                                                              BUYING INFORMATION
                                             RISK MGMT        RISK AVOIDANCE
                                             PLANNING         RISK TRANSFER
                                                              RISK REDUCTION
                                                              RISK ELEMENT PLANNING
                                                              RISK PLAN INTEGRATION

                               RISK                           PROTOTYPRS
                               CONTROL       RISK             SIMULATIONS
                                             RESOLUTION
                                                              BENCHMARKS
                                                              ANALYSES
                                                              STAFFING

                                             RISK             MILESTONE TRACKING
                                             MONITORING       TOP-10 TRACKING
                                                              RISK REASSESSMENT
                                                              CORRECTIVE ACTION
             Source:  Boehm,  B.  (1989).  Software  Risk  Management.  ESEC'89:  2nd
             European Software Engineering  Conference (pp. 1-19). Coventry, UK:
             Springer- Verleg.
                  Risk Identification is the first and most important step in the software RM
             process. To some extent it is the most difficult task although it seems so easy.
             Boehm identified 10 top identification checklists as shown in figure 5. The list
             can be utilized upfront the launch of a software project by the managers and
             analysts to identify the probable risk factors.  The list also provided
             corresponding set of RM techniques as guidelines for the managers which have
             been found successful from past experience. Now, if we correlate this list with
             BN software development projects we find that risk item of number 2, 3, and 4




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