Software Risk

See the list of related resources at the bottom of this page.

Software risk is a form of operational risk: it consists of the risks of using software.

The principal components are:

Erroneous results. The software produces the wrong results.
No results. The software fails to produce results, or fails to produce them by the time at which they are needed.
High costs. The results are accurate, and appear on time, but at a very high cost.

These risks apply whether the software is developed in-house or externally and whether by professional developers or users (see user-developed software. Problems can be caused by:

Bugs
Usability issues
Development delays
Misunderstood requirements

among other causes.

Resources

Managing the operational risks of user-developed software: This is a paper I wrote for a workshop at GIRO 2002. It is available from my publications page.

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Software Risk Themes: Operational Risk See the list of related resources at the bottom of this page. Software risk is a form of operational risk: it consists of the risks of using software. The principal components are: Erroneous results. The software produces the wrong results. No results. The software fails to produce results, or fails to produce them by the time at which they are needed. High costs. The results are accurate, and appear on time, but at a very high cost. These risks apply whether the software is developed in-house or externally and whether by professional developers or users (see user-developed software. Problems can be caused by: Bugs Usability issues Development delays Misunderstood requirements among other causes. Resources Managing the operational risks of user-developed software This is a paper I wrote for a workshop at GIRO 2002. It is available from my publications page.
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