Risk management in e-business application development / Ahmad Faizul Haraza A. Razap

Software development projects become more challenging as the size and complexity of
the systems being developed is growing. However, the capability to build software has
not increased proportionately to demand and shortfalls in regard are a growing concern.
Software projects are exposed to various risks where risk is understood as a possibility
of loss, damage or disadvantages. The risk is related to the whole project is to deliver in
time and within the budget constrains, a product that meets client needs and expectation.
A project without risk management will face problem only after the risks came to the
siirface as a material fact. So, this will increase time and cost of project Risk normally
refers to something that is "uncertain" and that uncertainty normally carries a loss or
adverse effect. . From the formal interview with the IT company, the researcher have
gain some risks and problems faced by the respondent in software development life
cycle. From the literature review, researcher has merged the result from the interview
with literature review. Risk management describes the techniques and guidelines that
identify, analyze and tackle software risks. Software risks are illustrated as endanger a
successful development leading to wrong or inadequate software operation, software
rework, implementation difficulty, delay or uncertainty. To objective of this project is
the risk in E-Business application development. After all the study done bye the
researcher, the final product of this research is to develop an effective tool for
collaborative risk management.