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Managing Quality and Risk

Managing Quality and Risk

Abstract

Quality plans and risk management plans must result in project tasks to be actioned, tracked and managed to completion, otherwise the vendor's quality plans and risk management plans are simply shelfware. One of the biggest causes of troubled projects is vendor over-confidence in their abilities. A vital role of an independent QA organisation is to detect this problem and ensure that plans are realistic and achievable. Quality is delivered through: specifying quality requirements in tangible, real-world terms; defining and using appropriate software development processes; controlling quality through the use of appropriate VV independent QA reviews to ensure that quality attainment plans and quality control plans are being executed; defining and using appropriate processes to preserve quality throughout the life of the software. All of the above are defined in the quality plan, a crucial input to project estimation and planning. The goal of risk management is to reduce project overspend and slippage, and thereby to maximise quality. Risks must be identified and analysed to determine their probability and impact. Risk reduction actions can then be defined to re engineer the risk profile. What is left is the residual risk. Residual risk can be examined using best, likely and worst case scenarios, and appropriate contingency strategies and plans defined. Automated statistical tools can indicate the residual risk contingency which should be set aside to provide the desired confidence level that the contingency will not be exceeded.

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Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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