Logo         Community
The Company
Your Account
Contact Us
Risky Business (part 1)
Build a comprehensive risk management plan that allows you to complete your projects on time, every time.

| Risking It All |

Let's start with the basics. As Webster's Dictionary (http://www.webster.com/) simply puts it, a risk is "the possibility of suffering a loss".

As strange as this may sound, it's not difficult to ignore the latent causes of risks. Some of the many sources are:

* Changing user requirements
* Incomplete specifications
* Conflicting user participation
* Lack of, or incomplete, understanding between project participants
* Unsatisfactory testing of the product
* Unrepressed changes in the project scope
* Obsolescence
* Cost and schedule overruns

These causes produce uninvited and detrimental effects, such as:

* Dissatisfied team members.
* Budget and schedule explosions
* Slippages and miscommunication between project participants
* Damage to the firm's reputation

Based on this, it becomes possible to classify risks into the following categories:

* Conventional risks: These are risks encountered when an organization attempts to execute projects that are not best suited to their core competency - for example, a software development firm that specializes in banking software venturing into applications for the insurance sector.

* Erratic risks: These are risks that occur due to unexpected changes in the business situation, or in technology - for example, an application takes longer than expected to develop, and, in the interim, the technology used becomes obsolete.

* Project risks: These are risks associated with project management, and time and cost constraints - for example, a development team is halfway through a project when it discovers that some requirements have not been met, resulting in a sudden and rapid increase in expenses. Other examples of such risks involve unexpected departure of critical team members from the project, an absence of proper backup procedures, and an uncertain business environment.

* Commercial risks: These are risks related to the commercial environment - for example, improper evaluation of the target customer's requirements, which can result in a product that is too complex or expensive for consumers to handle.

Now, as cliched as it may sound, prevention is always better than cure...especially in the case of software application development, where the cure is never easy and almost always expensive. Luckily, help is at hand - software risk management now offers a structured, scientific approach to the problem of estimating risk so as to minimize its impact on your project.

How to do Everything with PHP & MySQL
How to do Everything with PHP & MySQL, the best-selling book by Melonfire, explains how to take full advantage of PHP's built-in support for MySQL and link the results of database queries to Web pages. You'll get full details on PHP programming and MySQL database development, and then you'll learn to use these two cutting-edge technologies together. Easy-to-follow sample applications include a PHP online shopping cart, a MySQL order tracking system, and a PHP/MySQL news publishing system.

Read more, or grab your copy now!

previous page more like this  print this article  next page
In trog...
Logging With PHP
Building A Quick-And-Dirty PHP/MySQL Publishing System
Output Buffering With PHP
Date/Time Processing With PHP
Creating Web Calendars With The PEAR Calendar Class
In the hitg report...
Crime Scenes
Animal Attraction
Lord Of The Strings
In boombox...
Patience - George Michael
Think Tank - Blur
My Private Nation - Train
In colophon...
Hostage - Robert Crais
The Dead Heart - Douglas Kennedy
Right As Rain - George Pelecanos
In cut!...
American Chai
The Core
Find out how you can use this article on your own Web site!

Copyright © 1998-2018 Melonfire. All rights reserved
Terms and Conditions | Feedback