Risk Analysis

Risk analysis is a systematic process for identifying, assessing, and prioritizing potential risks in a project, system, or business operation. It involves evaluating the likelihood and impact of adverse events to inform decision-making and mitigation strategies. In software development, this helps teams anticipate issues like security vulnerabilities, project delays, or technical failures.

Also known as: Risk Assessment, Risk Management, Risk Evaluation, Threat Analysis, RA

Why learn Risk Analysis?

Developers should learn risk analysis to proactively manage uncertainties in software projects, such as security threats, integration challenges, or resource constraints. It is crucial for building robust applications, ensuring compliance with regulations, and improving project success rates by reducing surprises and enabling data-driven planning.

Learning Resources

• docs: NIST Guide to Conducting Risk Assessments
• course: Risk Analysis and Management in Software Engineering on Coursera
• video: Introduction to Risk Analysis by Simplilearn
• course: Risk Management for Software Projects on Udemy
• docs: OWASP Risk Rating Methodology