A Pragmatic Assessment of Approaches and Paradigms in Software Risk Management Frameworks

1. Introduction

Software Risk Management (Boehm et al., 1997) is one of the prominent domains of research in software engineering which includes the prior identification, processing and management of risks and vulnerabilities associated in the software development.

Software Defect Prediction (Fenton, 1999) in software engineering used to predict the deformity in the software module. Numbers of defect are present during the development or after the delivery of software module. To obtain high quality software the prediction process is followed to predict to the defects. The need of obtaining high quality software is to gain customer loyalty (Offutt, 2002).

Few big organizations are using this prediction process as they release their software and software versions frequently and they have less time so instead of manually predicting the defects they use software deformity process (Figure 1).

Figure 1.

Software project risks (Wallace et al., 2004)

Tables 1 and 2 present an assortment of attributes of the software risk with the details on the real-world projects with the associated features.