Most common risks associated with the business using the software. Managing Risks Risk Magnitude Ability to rank the severity of a risk categorically or quantitatively. The strategies and approaches that can be used to minimize the magnitude of a risk. Contingency Planning Plans to reduce the magnitude of a known risk should the risk event occur. Execution Achieves desired level of proficiency.
Recovery Returns to an operational status after a failure.
Operations Executes in a normal operational status. Security Protects in accordance with importance to organization. Regression Unchanged functionality still performs as it did prior to implementing the change. Manual Support Processes needed by people to effectively use the software, such as documentation for users. Control Reduce system risk to an acceptable level.