A model and prototype tool to manage software risks

Software industry is facing many types of risks that make software development projects miss their planned schedule, time and quality. Hence, the urge to manage such risks if one wants to avoid the above problems. However, available software risk management tools present many weaknesses and above all, they are few. This paper is a contribution to increase the number of tools in the library of software risk management tools. The main features of a prototype tool called SoftRisk, which is developed to manage software risks, is presented. SoftRisk is designed based on a software risk management model that has been conceived in this research. This model can be thought of as a reference to any software risk management tool. Among others, contributions like risk estimation assistance, risk documentation, concentrating on top risks and graphic representation are discussed.