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Identification of Critical Risk Factors in Software Project Risk Management

In: The 19th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Guo-ping Jiang

    (Naval University of Engineering)

  • Ming-chi Lin

    (Naval University of Engineering)

Abstract

The most important function of software metrics is to support quantitative decision of software project management. In this paper, we focus on identification of the most critical risk factors in software project risk management framework based on metrics and Bayesian network. Sensitivity analysis can be performed to study how sensitive the risk node’s probability is according to small changes of probability parameters in the risk BN. For a risk BN of known structure and probability parameters, we first estimate the most probable risk scenario, and then perform sensitivity analysis for the risk node. After we find the critical risk factors, concentrate on these factors in risk monitoring and control process.

Suggested Citation

  • Guo-ping Jiang & Ming-chi Lin, 2013. "Identification of Critical Risk Factors in Software Project Risk Management," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), The 19th International Conference on Industrial Engineering and Engineering Management, edition 127, chapter 0, pages 1065-1073, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-38433-2_112
    DOI: 10.1007/978-3-642-38433-2_112
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