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Society and Ethics in Information Technology20765 marksRisk

What is software risk? How do you assess and manage software risk?

What is software risk? How do you assess and manage software risk? [5]

Software risk is the possibility of suffering loss or negative consequences due to uncertain events or conditions during software development or operation. It involves two key components: - Probability - the likelihood that the risk will occur - Impact - the consequence or loss if the risk does o...