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Preventive risk management software for software projects

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Preventive risk management is based on relatively flexible development practices. The idea is to identify potential steps in development and deployment that can delay the project or cause it to fail and devise strategies that will mitigate the risk should it materialize. Unlike prescriptive risk management, in which the team identifies risks only when they occur and attempts to mitigate them only after the fact, the team identifies and evaluates risks and devises mitigation strategies throughout development. And unlike prescriptive risk management, all project stakeholders are intimately involved in identification, evaluation, and mitigation.

Published in:

IT Professional  (Volume:4 ,  Issue: 5 )

Date of Publication:

Sep/Oct 2002

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