What is Risk?

What is Disaster Prevention and Mitigation?

Risk is the probability that a hazard will turn into a disaster. Vulnerability and hazards are not dangerous, taken
separately. But if they come together, they become a risk or, in other words, the probability that a disaster will
happen.
Nevertheless, risks can be reduced or managed. If we are careful about how we treat the environment, and if we are
aware of our weaknesses and vulnerabilities to existing hazards, then we can take measures to make sure that
hazards do not turn into disasters.

5 software risks:

a.)Staff Turnover: This kind of software can affect the success or failure of a project since in this situation. the working staff leave before the project is finished, so we can just imagine the scenario when there is staff turnover, so the whole project and the management will be put in "hot water".
b.) The project itself: This kind of software risks include inadequate configuration control, cost overruns and poor quality. Poor quality means the software either does not work very well, or it fails in operation repeatedly. So this is problem once it is encounter.
c.) Commercial software risks: A finished project may have lower user satisfaction. Lower user satisfaction means the product has low quality, functions inadequately, and has complex structures. Users are also displeased by excessive utilization of disk space or other hardware components requirements by the software.
d.) Hardware Unavailability: A kind of sofware risk where the needed hardware specifically needed of a certain project is not available on a certain schedule that is set that it would be use.
e.) Configuring the Project: This simply means that the project might be in jeopardy once the congifure is mistaken and there will be a great need for the project to reconstruct it again.

IDENTIFY RISKS MANAGEMENT STRATEGIES

Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events. In such cases, there are strategies or techniques as for to guide on how to deliberate certain risks.
Identify, characterize, and assess threats.
Assess the vulnerability of critical assets to specific threats.
Determine the risk (i.e. the expected consequences of specific types of attacks on specific assets).
Identify ways to reduce those risks.
Prioritize risk reduction measures based on a strategy.