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Technical Report

Software Development Risk: Opportunity, Not Problem

  • September 1992
  • By Roger Van Scoy
  • This 1992 report examines problems that exist in software development today and present the SEI's approach to turning risk into opportunity.
  • Publisher: Software Engineering Institute
    CMU/SEI Report Number: CMU/SEI-92-TR-030
  • Abstract

    What is risk? What is risk management? What does risk management have to do with software? Noted software expert Tom Gilb says: "If you don't actively attack the risks, they will actively attack you." 

    But what does it mean to actively attack risks? We answer these questions by examining the problems that exist in software development today and presenting the SEI Risk Program approach to turning risk into opportunity. 

    We begin by reviewing the fundamental concepts of risk and elaborating on how these basic concepts apply to the development of large, software-intensive systems. We then develop our strategy for seeing a systematic approach to risk management in software development be routinely practiced. 

    There are two key activities we are using to implement our strategy. The first is our risk management paradigm. The paradigm defines a set of continuous activities that must be undertaken to resolve technical risk in a systematic and structured way. The second is our risk assessment process for collaborating with clients to identify their technical risks.  

    We end with our ultimate goal: establishing an effective risk management ethic as standard practice in the software engineering industry.

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Cite This Report

SEI

Van Scoy, Roger. Software Development Risk: Opportunity, Not Problem. CMU/SEI-92-TR-030. Software Engineering Institute, Carnegie Mellon University. 1992. http://resources.sei.cmu.edu/library/asset-view.cfm?AssetID=11731

IEEE

Van Scoy. Roger, "Software Development Risk: Opportunity, Not Problem," Software Engineering Institute, Carnegie Mellon University, Pittsburgh, Pennsylvania, Technical Report CMU/SEI-92-TR-030, 1992. http://resources.sei.cmu.edu/library/asset-view.cfm?AssetID=11731

APA

Van Scoy, Roger. (1992). Software Development Risk: Opportunity, Not Problem (CMU/SEI-92-TR-030). Retrieved March 27, 2017, from the Software Engineering Institute, Carnegie Mellon University website: http://resources.sei.cmu.edu/library/asset-view.cfm?AssetID=11731

CHI

Roger Van Scoy. Software Development Risk: Opportunity, Not Problem (CMU/SEI-92-TR-030). Pittsburgh, PA: Software Engineering Institute, Carnegie Mellon University, 1992. http://resources.sei.cmu.edu/library/asset-view.cfm?AssetID=11731

MLA

Van Scoy, Roger. 1992. Software Development Risk: Opportunity, Not Problem (Technical Report CMU/SEI-92-TR-030). Pittsburgh: Software Engineering Institute, Carnegie Mellon University. http://resources.sei.cmu.edu/library/asset-view.cfm?AssetID=11731

BibTex

@techreport{VanSoftwareDevelopment1992,
title={Software Development Risk: Opportunity, Not Problem},
author={Roger Van Scoy},
year={1992},
number={CMU/SEI-92-TR-030},
institution={Software Engineering Institute, Carnegie Mellon University},
address={Pittsburgh, PA},
url={http://resources.sei.cmu.edu/library/asset-view.cfm?AssetID=11731} }