Enhancements and Extensions of Formal Models for Risk Assessment in Software Projects
NAVAL POSTGRADUATE SCHOOL MONTEREY CA
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The Modified Risk Model is a macro model developed to aid program managers in effectively planning the required effort to deliver software products. The model projects the probability of completing a software project, subject to the available resources supplied by management. This approach to software project risk management is unique because the models input parameters are derived. Subjective variables are not part of the model. Different program managers would derive the same projections on the same software project. Risk management is most effective in impacting the projects success if project risks are identified and mitigated early in the software lifecycle. The Modified Risk Model was developed specifically for this purpose. Additionally, the Modified Risk Model is versatile enough to be adapted to any software development activity.
- Computer Programming and Software