Controlled Risk Management Period
Risk Exploration Period
Risk Resolution Period
Conventional '. Project Risk Profile Modern Project '. X. Risk Profile
Project Life Cycle
Figure 15-2. Risk profile of a typical modern project across its life cycle
Figure 15-2. Risk profile of a typical modern project across its life cycle components, the natural tendency was for the design structure to evolve into an organization that closely paralleled the structure of the requirements organization. It was no surprise that functional decomposition of the problem space led to a functional decomposition of the solution space.
Most modern architectures that use commercial components, legacy components, distributed resources, and object-oriented methods are not trivially traced to the requirements they satisfy. There are now complex relationships between requirements statements and design elements, including 1 to 1, many to 1, 1 to many, conditional, time-based, and state-based.
Top-level system requirements are retained as the vision, but lower level requirements are captured in evaluation criteria attached to each intermediate release. These artifacts, illustrated in Figure 15-3, are intended to evolve along with the process, with more and more fidelity as the life cycle progresses and requirements understanding matures. This is a fundamental difference from conventional requirements management approaches, in which this fidelity was pursued far too early in the life cycle.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.