Dynamic Verifier Core: A Practical Solution to Mitigate the Risks of Software Risk Management Process

Risk management is considered as a crucial activ ity in all types of software development processes. While risk management plans are proposed to control and mitigate the risks, they may face some risks too. According to the formal reports, the remarkable rate of failure in IT projects shows the relative unsuccessfulness in the risk management process. This indicates the necessity of improvements in the current risk management models. The authors of this research proposed a dynamic verifier core (DVC) committee for mitigating the risks of risk management of software projects. Th is important is done by identifying deviations and thereupon leads to performance improvement in risk management process. The model tries to identify and control the involved risks in risk management process. Using a communication system facilitates close relations between the prev ious ad current projects’ employees. This system also accelerates the instant awareness of the changes with the comprehensive classificat ion of risk factors and increases the efficiency of the model. In order to validate the model, the risks of a Customer Relat ionship Management (CRM) system of an industrial company have been managed. In the case study the related risk factors are successfully identified and classified. The results show the effectiveness and practicality of the model.