Software Risk Management

Software risk management is the process of identifying potential problems that could affect a software project's success, evaluating their likelihood and impact, and planning ways to minimize or avoid them. It involves proactively spotting issues such as technical challenges, deadlines, or budget constraints, and developing strategies to address them before they cause significant trouble. This structured approach helps ensure the project stays on track, meets its goals, and reduces surprises that could lead to delays or failures. Essentially, it’s about managing uncertainties to deliver reliable and successful software solutions.