Abstract
It is said that schedule delay and cost overrun in application development projects are caused by misunderstanding of the customer's requirements in the requirement definition phase. In requirement definition or following development phases, the project manager performs the risk management, in order to mitigate the risks that the customer may suddenly change the requirement or submit new one. The author focuses on an issue that performed risk management has not been affected to the follow on projects becanse it is difficult to evaluate the effectiveness of the risk management of the previous project. The author proposes and discusses on a method to evaluate the risk management by utilizing the issue management, focusing on schedule and cost to solve an issue which is a result of the risk event, and on the timing of the risk event occurrence.
