Now that you've analyzed the risks inherent to your project and come up with a plan to tackle them, it's time to put your risk management plan into practice. In this concluding article, examine the processes of implementing, monitoring and auditing a software risk management plan, together with a case study that demonstrates how it works in the real world.
In the first part of this article, I introduced you to the science of software risk management, explaining how an effective risk management plan can go a long way towards ensuring the success of your software project. I also intriduced you to the six phases of software risk management, and discussed the first three - risk identification, analysis and plan development - in detail.
In this second (and concluding) article, I will continue this discussion with a focus on the phases of plan implementation, monitoring and audit. And with the theoretical discussion done with, I'll also bring all this into the real world, with a case study and a flowchart that you can use in your next project.
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