Chapter 5: Planning for Software Project Risks 127 (Cedant web hosting)

Chapter 5: Planning for Software Project Risks 127 High Moderate Figure 5-7: Your risk response plan helps Low you see that not all risks need to be eliminated. Low Moderate High Accept Mitigate Eliminate Risk to Project Success rojeriority The risk response plan is a document that details the identified risks within a project, their impact, and their associated costs, and then identifies how the project team will respond to the risks. In addition, the risk response plan nods to the process of risk management. Risk identification, the first step of risk management, is an iterative process that happens throughout the project not just at the beginning. Avoiding risks Often the most desirable risk response is to just avoid the risk. This means getting creative in the project scheduling, assigning senior developers to key activities, or creating other workarounds so that the risk doesn t come into play. You ve done risk avoidance if you ve done any of the following: Changed a project plan to avoid risk interruption Used an established approach to software development rather than a newfangled model Hired experts to consult the project team during the development process Spent additional time with the project stakeholders to clarify all project objectives and requirements
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