Project risk and SDLC risk
Project risk and SDLC risk are two distinct types of risk that organizations must manage during the software development process.
Project risk refers to the risk associated with achieving the project objectives, such as delivering the project on time, within budget, and meeting the requirements of the stakeholders. Project risks can include external factors, such as changes in market conditions, as well as internal factors such as delays in the development process or unforeseen technical issues. Managing project risks involves identifying potential risks, assessing their likelihood and impact, and developing a plan to mitigate them.
On the other hand, SDLC risk refers to the risk associated with the development process itself. SDLC risks can include issues with requirements gathering, software design, coding errors, and testing. Managing SDLC risks involves implementing best practices, such as adhering to industry standards and following a structured...