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State of Software Risk Management Practice
KTH, School of Information and Communication Technology (ICT), Computer and Systems Sciences, DSV.ORCID iD: 0000-0002-1780-0683
KTH, School of Information and Communication Technology (ICT), Computer and Systems Sciences, DSV.
2008 (English)In: IAENG International Journal of Computer Science, ISSN 1819-656X, Vol. 35, no 4Article in journal (Refereed) Published
Abstract [en]

Despite the fact that risk management has beenwith us for some time, little has been reported about itsindustrial status, its co-existence with the development models,and its compliance to standard risk management processmodels. In this paper, we explore the domain of riskmanagement practice within 37 software organizations. We dothis by first comparing the industrial status against a processmodel that is synthesized from a set of current standard riskmanagement process models. We then investigate how thecompanies studied have integrated their risk management withsoftware development. Regarding the state of industrial riskmanagement practice, our results show that there are somediscrepancies between the industrial practice and the standardmodels studied. The industrial organizations have notimplemented all the important activities as prescribed by thestandard models. The standard models, on the other hand, havefailed to identify some of the important risk management phasesand activities. Hence, this paper suggests a list of issues thatneed be addressed in both the standards and the industry.Regarding the integration practice, our results recognize thatprocess integration in this domain is still in its infancy.

Place, publisher, year, edition, pages
2008. Vol. 35, no 4
Keyword [en]
process model, software development, process integration, agile methods
National Category
Engineering and Technology
URN: urn:nbn:se:kth:diva-89957OAI: diva2:504312
QC 20120508Available from: 2012-02-20 Created: 2012-02-17 Last updated: 2012-05-08Bibliographically approved

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