Risk Management Process Improvements

Anonymous
timer Asked: Feb 4th, 2019
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Question Description

  • Discuss the importance of risk management, and identify the key factors in a good risk assessment process.
  • Describe at least 3 areas in which process improvement would be appropriate in the risk management processes for software development within your selected organization.
  • Identify the specific process improvements that will be made to address the process deficiencies.
  • Provide sufficient detail on how you are planning to implement and communicate each improvement.
  • Justify your selections with an analysis of the potential benefits of the improvements.

Tutor Answer

ephykam
School: Cornell University

Attached.

Risk Management Process Improvements
I.

Importance of Risk Management
a. Factor in a Good Risk Assessment Process

II.

Process Improvement Areas Appropriate for Risk Management

III.

Specific Process Improvement in Addressing Process Deficiencies

IV.

Implementation and Communication of the Improvement Process

V.

Potential Benefits of the Improvements


Running head: RISK MANAGEMENT AND PROCESS IMPROVEMENT

Risk Management Process Improvements
Student’s Name
Institutional Affiliation

1

RISK MANAGEMENT AND PROCESS IMPROVEMENT

2

Risk Management Process Improvements
In software engineering, risk management and process improvement are vital processes
aimed at enhancing the success of software development projects. Braude and Bernstein note that
risk management in a software development project is a process focused on establishing the
potential losses and implementing suitable measures to alleviate the risk (2016). On the other
hand, process improvement in application development entails the aspect comprehending the
existing processes and initiating change to the process in a bid to introduce good application
development practice. For instance, Tecreos could apply risk management and process
improvement techniques in the process of developing an application for the customers that will
enhance inventory verification, viewing and paying bills online, creating tickets in case of faulty
conditions.
Importance of Risk Management
Risk administration plays a pivotal role in the software development project. Firstly, risk
administration in software development project heightens the capacity to identify and mitigate
threats to application engineering success. The second importance of risk administration in
application de...

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Review

Anonymous
Thanks, good work

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