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CS605 - Software Engineering II - Lecture Handout 20

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Assessing Risk Impact

Assessment of risk impact is a non-trivial process. Factors affecting the consequences are the nature, scope, and timing.

For each risk an exposure is calculated as follows:

RE = Probability of the risk x Cost

This risk exposure is then used to identify the top risks and mitigation strategies.

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CS605 - Software Engineering II - Lecture Handout 17

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Software Project Planning

Software project planning is an activity carried out by the project manager to estimate and address the following points: