Quantifying risk management process in a software organization

Download

index.pdf

Date

2006

Author

Yakın, Cenkler

Metadata

Show full item record

Item Usage Stats

213
views

82
downloads

This study presents a quantifying risk management process and its application on a software organization in terms of risk items mitigated, exposures covered, costs, and expected exposures covered. Risk management is defined as setting forth a discipline and environment of proactive decisions and actions to assess continuously what can go wrong (risks), to determine what risks are important to deal with, and to implement strategies to deal with those risks. Risk management can be applied in all of the business areas. In the literature, there are sources for risk management. Some of them are qualitative, and some of them are quantitative. However, there is no much source about the application study of a quantifying risk management process on a software organization. In order to obtain insight about this issue, this study presents a quantifying risk management system to the literature and also compares the quantifying risk management policies on the data set of a software organization by finding out and analyzing their performance with respect to designated decision parameters and preference profiles for risk items mitigated, exposures covered, costs, and expected exposures covered. At the end of this study, suitable quantifying risk management policies for each profile are recommended by considering the analysis of the data set as base.

Subject Keywords

Management of engineering.

URI

http://etd.lib.metu.edu.tr/upload/12607138/index.pdf
https://hdl.handle.net/11511/15867

Collections

Graduate School of Natural and Applied Sciences, Thesis

Suggestions

OpenMETU
Core

Comparison of Intelligent Classification Techniques by Practicing a Specific Technology Audit Berkol, A.; Kara, G.; Turk, A. (2016-09-08) Technology audit activities arc carried out for assessment of firms' technological requirements, capacity or management capability. The aim of these assessments is to define the weaknesses of firms and develop actions in order to improve firms' technological capacity and/or technology management capability. Generally these activities are implemented with survey questionnaires. These questionnaires can be filled by managers of firms or can be implemented as an interview by independent experts. However, evalu...
Quantiative Methodology for Determination of Cost Contingency in International Projects Sönmez, Rifat; Birgönül, Mustafa Talat (American Society of Civil Engineers (ASCE), 2007-01-01) This paper presents a quantitative methodology to determine financial impacts of the risk factors during the bidding stages of international construction projects. Project and country data of 26 construction projects from 21 countries were collected for evaluation of the international risk factors. The factors impacting cost contingency were identified using correlation and regression analysis techniques. The results indicated that four factors had major contributions for explaining the variations in the co...
Analyzing the effects of inventory cost setting rules in a disassembly and recovery environment Akcali, Elif; Bayındır, Zeynep Pelin (Informa UK Limited, 2008-01-01) In this study we consider a disassembly and recovery facility receiving end-of-life products and facing demand for a specific part that is disassembled from the product and then recovered. The disassembly and recovery operations can be either performed before hand, or upon customer arrival. In the latter case, a discount on the selling price is applied to compensate the customer for waiting for the completion of the disassembly and recovery operations. One of the dificulties faced in planning for such a sys...
Identification of Risk Paths in International Construction Projects Using Structural Equation Modeling Eybpoosh, Matineh; Dikmen Toker, İrem; Birgönül, Mustafa Talat (American Society of Civil Engineers (ASCE), 2011-12-01) The major aim of this research is to demonstrate that causal relationships exist among various risk factors that necessitate identification of risk paths, rather than individual risk factors, during risk assessment of construction projects. International construction projects have more complex risk-emergence patterns because they are affected by global and foreign country conditions and project-related factors. Identification of a network of interactive risk paths, each of which initiated from diverse vulne...
Identification of risk paths in international construction projects Eybpoosh, Matineh; Dikmen Toker, İrem; Birgönül, Mustafa Talat; Department of Civil Engineering (2010) Within the context of construction projects, risk is generally defined as an uncertain happening which is the function of its occurrence probability and the severity of its possible impacts on pre-defined objectives. According to this definition, international construction projects are high-risk endeavors, since they are known with their complex natures, large sizes, multidisciplinary frameworks, and unfamiliar and uncertain environments. International construction projects have more complex risk emergence ...

Citation Formats

C. Yakın, “Quantifying risk management process in a software organization,” M.S. - Master of Science, Middle East Technical University, 2006.