International Journal of Engineering Technology, Management and Applied Sciences (IJETMAS)
In recent years, risk management in software project development is gaining momentum for preventing software disasters. It involves strategies to deal with project uncertainties so that the project can become successful overcoming all threats. In this paper, the development of a systematic risk management strategy for software project management is utmost important. Towards this effort, a brief overview of the existing risk management methods is presented in this paper and a comparative study is performed for the better understanding of their benefits and limitations as an initial step.