Explain various Software risks.
Typical Software Risks:-
1. Dependencies: -Many risks arise because of dependencies of project on outside agencies or factors. It is not simple to control these external dependencies.
2. Requirement Issues: - Many project face uncertainty and turmoil around the product's needs. If we do not control requirements-related risk factors, we may be either build the wrong product, or build the right product badly. Either situation results in unpleasant surprises and unhappy customers
3. Management Issues:-Project managers usually write the risk management plan, and most people do not wish to air their weaknesses in public. If we do not confront such touchy issues, we should not be surprised if they bite us at some point.
4. Lack of Knowledge:-The fast rate of change of technologies, and the enhancing change of skilled staff, means that our project teams may not have the skills we require to be successful