CMMI Blog Special Series: 7th Part: This blog series on the cmmiconsultantblog.com is a systematic and structured coverage of CMMI Process Areas starting from Maturity Level 2 to Maturity Level 3: using CMMI –DEV, Version 1.3, as the Reference CMMI Model: As CMMI Consultant, during CMMI Consulting assignment if you are asked about the steps, inputs and outputs of Risk Management (RSKM) Process Area, what would be your response:

CMMI FAQ 0

17th September, 2015

For the above-mentioned question, CMMI consultants may take inputs from the following:

Risk Management is the systematic process of understanding, evaluating and addressing the risks. It is a continuous process that is an important part of project management. Risk handling activities may be planned and invoked as needed across the life of the product or project.

The objectives of Risk Management Process are:

• Defining Risk Management – which includes Risk Sources and Categories.
• Identifying and Analyzing the Risks – evaluating, categorizing and prioritizing the risks.
• Mitigating Risks – developing and implementing Risk Mitigation Plan.

The inputs for the Risk Management Process are:

• Project Proposal
• Requirement Specification

Outputs

• Risk Management Plan
• Risk Log
• Risk Status Report
• Risk Tracking Tool can also be used for Risk Management

The above is not an exhaustive coverage of the Risk Management (RSKM), CMMI Process Areas but is substantive enough for CMMI Consultants to create a good foundation of the Configuration Management process in an organization.

Source: CMMI for Development