Affiliation:
1. Jaypee Institute of Information Technology, Noida, India
Abstract
Risk assessment and management practice is an organized way to identify, analyze, and assess the impacts of risks and mitigate them when they arise. Risk can occur in any phase of software development and is a significant step for better supervision of threats. The purpose of this study is to identify and analyze existing risk assessment and management techniques from a historical perspective that address and study risk management and perception of risk. The chapter presents extensive summary of existing literature on various techniques and approaches related to requirements defects, defect taxonomy, its classification, and its potential impact on software development as the main contributions of this research work. The primary objective of this study was to present a systematic literature review of techniques/methods/tools for risk assessment and management. This research successfully identifies and discovers existing risk assessment and management techniques, their limitations, taxonomies, processes, and identifies possible improvements for better defect identification and prevention.
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