Risk Analysis and Mitigation Plan in Software Development

Software development, often encounter many unanticipated problems, resulting in projects falling behind on deadlines, releases, exceeding budgets and result in sub-standard products due to its complex nature. Although these problems cannot be totally eliminated, they can however be controlled by applying Risk Management Plan. This can help to deal with problems before they occur. Organisations who implement risk management plan have control over the overall management of the project. This paper provides some necessary information regarding the potential risks that can occur in the software development, their impact on the projects, and some useful information of handling these risks. Moreover it can help software risk management process.