An Early Multi-Criteria Risk Assessment Model

Abstract

Accurate time and budget is an essential estimate for planning software projects correctly. Quite often, the software projects fall into unrealistic estimates and the core reason generally owes to problems with the requirement analysis. For investigating such problems, risk has to identified and assessed at the requirement engineering phase only so that defects do not seep down to other software development phases. This article proposes a multi-criteria risk assessment model to compute risk at a requirement level by computing cumulative risk score based on a weighted score assigned to each criterion. The result of comparison with other approaches and experimentation shows that using this model it is possible to predict the risk at the early phase of software development life cycle with high accuracy.