Basics of Software Risk Management
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by Arindam Ghosh
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Ownership in Risk Management

A very important aspect of ownership is a very clear and mutual understanding of the responsibilities among the different stakeholders of a contract every risk identified in a program. Each risk should have an organization tagged for ownership and a position holder should be tagged as managerial lead for its resolution.

One of the major problems is that Project Managers worldwide do not have access to data involved in risk management. Data is buried within projects and just not available. The SERR (Software Engineering Risk Repository) is the arm of the SEI for accessing data from an informative database. This is planned on a world wide on line service where information on risk management will be collected and made available through databases, interviews, questionnaires and case studies. The goal will be to provide a mechanism whereby transfer and evaluation of risk management processes can be interpreted and communicated.

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