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What is Risk analysis? Explain with example

Answer Posted / inder

Risk is a sudden mishappening that hampers our process or
the product.
Risk Analysis is the solution or the way as to how the risk
can be handled.
Risks are of 2 types:
1. Manpower risk
The risk analysis for this cud be maintaining proper records
and documentation of the development process and the
product. It cud also be involving a couple of ppl in teh
development process, getting it developed in a team so that
if some person moves out then the other is aware of whats gning.
2. End User Risk
What if the final product that u have developed, the client
refuses to accept that? What's the answer, the agreement
that was signed between the client and you before teh
project was started(as part of project management) will help
to fix it and wud be the risk analysis.

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