Main Steps for Risk Management Process
A software developer has to work closely with SDLC (Software Development Life Cycle). It is a stepwise approach in building or developing a software or application. In the process, there are phases involving risk management. Systems engineers and network engineers play a vital role in handling data breaches through networking or the internet. They help in ensuring data security and managing risks occurring in the development of a software or application. It is necessary to understand the Risk Management Process for a longer run in the development cycle. There are five steps involved in the Risk Management Process. These are: Identify Risk: The first step in the risk management process is to identify potential risks in the development process. Four risks can come. These are: · Financial Risk: Sometimes, due to losses or any other reason, there is an economic crisis in the company or corporation. · ...