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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.

Read more: CS605 - Software Engineering II - Lecture Handout 20

CS605 - Software Engineering II - Lecture Handout 16

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Related Content: CS605 - VU Lectures, Handouts, PPT Slides, Assignments, Quizzes, Papers & Books of Software Engineering II

Interpreting Measurements

A good metric system is the one which is simple and cheap and at the same time adds a lot of value for the management. Following are some of the examples that can be used for effective project control and management.

We can collect data about the defects reported, and defects fixed and plot them in the following manner, with their difference showing the defects yet to be fixed. This can give us useful information about the state of the product. If the gap between the defects reported and defects fixed is increasing, then it means that the product is in unstable condition. On the other hand if this gap is decreasing then we can say that the product is in a stable condition and we can plan for shipment.

Read more: CS605 - Software Engineering II - Lecture Handout 16