International Journal of Application or Innovation in Engineering & Management (IJAIEM)
Software risk management is a software engineering practice with processes, methods, and tools for managing risks in a project. It provides a disciplined environment for proactive decision-making to assess continuously what can go wrong; determine what risks are important to deal with; and implement actions to deal with those risks. Risk management planning addresses the strategy for risk management, the risk management process, and the techniques, methods, and tools to be used to support the risk management process. This paper recognizes the increasing role of risk management in present software projects and focus on providing more support in this area.