Chapter 7. Managing Risk

7.1 Chapter Objectives

After reading and thinking about the concepts and case studies presented in this chapter, you will be able to do the following:

• Identify major risks as they pertain to software projects and the decisions about risk that will impact a project

• Identify key issues and decisions involving the management of risks (or lack thereof) in the chapter case studies

• Use the chapter concepts to suggest feasible solutions to the problems faced by the case study stakeholders

7.2 Context

Risk management activities are an integral part of what project managers and team members should practice and make decisions about on a software project. Since risk is inherent in projects, the question is not whether risks ...

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