Risk Factor: Confronting the Risks That Impact Software Project Success

The article “Risk Factor: Confronting the Risks That Impact Software Project Success” by Theron R. Leishman and Dr. David A. Cook discuss that every systems and software project involves risk. Often, how you manage your program risks is a deciding factor in the eventual success or failure of your program. If you ignore the risks, your program has a higher chance of failing. On the other hand, if you try to track and manage all possible risks, you can expend your entire budget managing the risks, and never produce a deliverable. Risk management, like any other element of systems and software development, requires forethought and careful planning. This article explains what risk management is, and then discusses some common developmental risks.