The Top-10 Risks List is a simple tool that helps to monitor a software project’s risks.
For example, please check this list, which consists of the 10 most serious risks to a project ranked from 1 to 10, each risk’s status and the plan for addressing each risk.
The act of updating and reviewing the Top-10 Risks List each week raises awareness of risks and contributed to timely resolution of them.
Potential reduction from nominal schedule: None
Improvement in progress visibility: Very Good
Effect on schedule risk: Decreased Risk
Chance of first-time success: Excellent
Chance of long-term success: Excellent
Major Interaction and Trade-Offs
- Can be used in combination with virtually any other practice