Application development is fraught with risk.

See also Definition Of Risk, Risk Management Techniques, Common Schedule Risks

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In a software development context Barki et al. have identified risk factors which belong to five broad categories:

• technological newness,
• application size,
• software development team’s lack of expertise,
• application complexity,
• and organizational environment.

The degree to which each factor is present in a software project will contribute to increase the probability of occurrence of
an undesirable outcome.

Steve McConnell says the same thing.

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In many ways, creating requirements and investing in analysis and design is all about minimizing risk.

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Category Project Management Category Risk