Design and Development of Ontology for Risk Management in Software Project Management
C. R. Rene Robin, G. V. Uma · 2011
One of definitions of risk management is the identification of hazards and possible problems, evaluation of their importance and drawing up of plans to monitor and deal with those problems. Failure of some sort has been a common occurrence in software development milieu. The survey indicates that more than 25% of all software development projects are cancelled outright before completion and something like 80% overrun their budgets. This paper describes a framework that can be used to document knowledge gained through text book, domain experts and personal experience. And it describes a method for facilitating systematic and repeatable identification of risks associated with of a software-dependent development project.