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Preliminary communication

Strategies for successful software development risk management

Marija Boban orcid id orcid.org/0000-0001-6075-8794 ; University of Split, Faculty of Law
Željka Požgaj ; University of Zagreb, Faculty of Economics and Business
Hrvoje Sertić ; Ericsson Nikola Tesla, Research & Development Center


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Abstract

Nowadays, software is becoming a major part of enterprise business. Software development is activity connected with advanced technology and high level of knowledge. Risks on software development projects must be successfully mitigated to produce successful software systems. Lack of a defined approach to risk management is one of the common causes for project failures. To improve project chances for success, this work investigates common risk impact areas to perceive a foundation that can be used to define a common approach to software risk management. Based on typical risk impact areas on software development projects, we propose three risk management strategies suitable for a broad area of enterprises and software development projects with different amounts of connected risks. Proposed strategies define activities that should be performed for successful risk management, the one that will enable software development projects to perceive risks as soon as possible and to solve problems connected with risk materialization. We also propose a risk-based approach to software development planning and risk management as attempts to address and retire the highest impact risks as early as possible in the development process. Proposed strategies should improve risk management on software development projects and help create a successful software solution.

Keywords

software development; managing risk; software development methodology

Hrčak ID:

184544

URI

https://hrcak.srce.hr/184544

Publication date:

13.7.2017.

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