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Document Summary

Executive Summary

Risk management is a continuous, iterative process designed to proactively identify, analyze, and mitigate uncertainties affecting software projects. By cycling through identification and strategic planning, managers minimize the impact of technical, human, and organizational disruptions.

Key Concepts

  • Iterative Risk ProcessFunctions as a feedback loop: Identification, Analysis, Planning, and Monitoring.
  • Project vs Product RisksProject risks affect schedule/resources. Product risks affect quality or performance.

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