The following describes the three components in short, for more details please take a look at the MSF Whitepaper .
Emphasis also lies on defining the overall project structure and a first risk assessment.
During this phase the project structure is specified more accurately, risk assessment is refined and the team is built, persons are getting their duties. In the end of this phase all involved parties, be it customer, software developer, investor or other parties, have agreed what the project should contain and what must be done, what would be nice etc. Within it the application is developed and any missing features are added. Test results Risk management Risk management is an important part of our development process, although it is neglected in many of the traditional methods, but it is very important for a successful project. The basic idea is that every risk is listed with a certain probability with which it may occur and a certain impact on the project.