0 Risk Management Process
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Introduction The risk management process has long been a means to manage the uncertainty that exists in all endeavors, and more to the point in projects whose goal is to provide a product with signiﬁcant software content to satisfy some identiﬁed set of needs and requirements. In today’s world, where proﬁt margins are shrinking, the competition to acquire work is signiﬁcant, users and customers may have inﬂated views of what is possible, and the frequency and magnitude of technological change are dramatic and increasing, the management of risk is not an option. It is an absolute necessity if project success must be more than an accident.