The Risk of Not Having Risks
Risk Management is a very widely used term in today’s world of software engineering. Almost every project suffers from threats which can seriously affect its cost, schedule or quality in a negative way. According to an IBM study only 40% of projects meet schedule, budget and quality goals. Other analyses conclude that “between 65 and 80% of IT projects fail to meet their objectives, and also run significantly late or cost far more than planned.”