Reducing risk

• Considering the rate of failure in the software project industry

  • You would expect risk management to be more advanced

• One way to reduce risk, and cost

  • Is to adopt Commercial Off-The-Shelf software

    • Known as COTS for short

• However, few COTS products fit requirements exactly

  • Some customization is still necessary
  • Making project risk management an essential activity

    • In any case

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