ABSTRACT

Risk is the possibility of losing something valuable, sometimes in the exchange of gaining something else, like the famous saying of “no pain no gain.” However, since software development itself is a process of developing or building a great production, the risk in the software development life cycle (SDLC) is a possible threat and vulnerability. From that perspective, in this chapter, we discuss the threat and vulnerabilities in relation to the risk management. Risk in software may cause a problem that may decrease product quality or the success of a project.