Strategies for Risk Management

During the software development process various strategies for risk management could be identified and defined according to the amount of risk influence.

Based upon the amount of risk influence in software development project, risk strategies could be divided into three classes namely careful, typical, and flexible . Generally,careful risk management strategy is projected for new and in experienced organizations whose software development projects are connected with new and unproven technology.

Typical risk management strategy is well-defined as a support for mature organizations with experience in software development projects and used technologies, but whose projects carry a decent number of risks, and flexible risk management strategy is involved in experienced software development organizations whose software development projects are officially defined and based on proven technologies .