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Risk assessment
1. A Study on Risk Assessment for Small and
Medium Software Development Projects
By
Spoorthi Sham
1PI14SSE12
2. • Risk
“ Smoking is dangerous to health. It causes cancer”
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Introduction
Risk
Scenario
3. Introduction
• "If you don’t actively attack the risks, the risks
will actively attack you.“ – Tom Gilb
• Barry Boehm’s risk management process
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6. SMSDP Risk Assessment Timeline
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Two categories :
• Model category (6)
• Method category (6)
7. Models Category
Focus Proposes Description Inputs Risk ranking
Decision
taking types
Prototypes
1
Assessment,
treatment and
monitoring
RAT
model
Early phases of
the project
Project plan
and resources
Risk rank matrix –
category,
occurrence
probability, impact
Hybrid
assessment
Web
application
prototype
2
Risk assessment
and estimation SRAEM
Estimates efforts,
cost and risk
exposure
Measurement, model
and assumption errors
Probability and
software metrics of
risk management
Quantitative
assessment --
3
Risk
assessment
SRAM
Based on Grey Theory
using Analytic
Hierarchy Process
Demand analysis,
project quality,
schedule,circumstance,
technology
Subjective and
objective
method
Quantitative
assessment --
4
Risk
assessment
RA model for
prototyping
projects
Structures and
automates the
assessment of risk
Requirements,
personal and
complexity metrics
--
Quantitative
assessment --
5
Risk
assessment SRAM
Uses
comprehensive
questionnaire
Complexity,reliability,
requirements,
development
process, tools used
Impact of risk
elements on
quality,schedule and
cost
Quantitative
assessment --
6
Risk
assessment SPRAM
Assessment of
loss and risk
impact
Risk factor nodes
Conditional
probability
distribution table
Hybrid
assessment
--
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8. Methods Category
Focus Proposes Description Inputs
Risk
ranking
Decision
taking types
Prototypes
1
Cost and
quality
Expectation –
Maximization
algorithm
Enhances ability
in producing
hidden nodes
Probability
vector of top-
level nodes
--
Quantitative
assessment
Assessment
tool
2
Risk
assessment
Source based
SRAM
Accounts
primary and
secondary facts
Primary and
secondary
facts
--
Quantitative
assessment
--
3
Risk
identification
Risk identification
based on Kepner-
Tregoe Program
4 analysis
methods : PA,
DA, PPA, SA
Checking
vulnerable
areas
--
Quantitative
assessment
--
4
Risk
assessment
Fuzzy expert
system
Evaluates risk in
all respects
Management,
funding,
planning,
technology
Matrix based on
probability and
severity
measurements
Quantitative
assessment
Assessment
fuzzy expert
system
5
Risk
assessment
Fuzzy linguistic
multiple attribute
decision making
method
Estimates risk
criteria values
Information
from
experts
Probability,
loss,uncontrolla
bility,
occurence time
Quantitative
assessment
Case study
application for
historic data
6
Risk
assessment
Risk assessment
method
Uses probabilistic
interference model
Interview
based risk
assessment
3 choices
Quantitative
assessment
Risk assessment
visualization tool
(RAVT) 4
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9. Level of Risk Assessment Awareness
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11. Author’s Conclusion
• 12 articles based on two categories according to 7
parameters
• The parameters and inputs that each model or
method takes are not all of them available in SMSDPs
• SMSDPs are rapid development projects and they
run from cost, they have no time to fill all the
conditions defined by methods or models
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12. A five – step process to assess risks :
• Establish strategic guidelines
• Determine model direction
• Choose the model
• Perform gap analysis
• Design a strategic road map
Conclusion
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