A New Model for Software Risk Management

In the modern time of software engineering, the development of software in static and dynamic environment results in several vulnerabilities that need to be handled so that they do not step in with the clear defined project goals. Previous studies show that the wide variety of different risk analysis strategies provide a valid solution to address the lack of risk management strategies in Software risk assessment model (SRAM), Software risk assessment and estimation model (SRAEM) etc. In this paper we proposed a new model (SRAIEM) software risk assessment identification and estimation model for the software risk management. This paper focus on take care of most frequently occurring risks and it is possible to predict the possible result of software projects with good accuracy proposed model not only access the risk but also identify and estimate the risk. This model provides a way to managing all of them. In order to cover some perspectives of the software industry which have not been covered up to now.