Integration of supportive processes with elementary processes for making current practices of software project risk management more effective

In literature to increase the success rate of software project development, several risk management approaches have been presented by researchers and practitioners. Usually, these risk management approaches are in the form of process models, steps and professional standards. Despite of many proposed risk management approaches, still the success rate of software project development is very low. This directed the researchers of software engineering field to address the need of effective risk management approaches. To make risk management effective, many researchers and practitioners, on the basis of their theoretical knowledge and practical experiences have defined strategies and have given many recommendations. The objective of this study is to integrate effective techniques and supportive processes identified from literature with the elementary processes of software risk management to make it more effective.