Risk Management II – Benefits of Risk Management Program

The earlier article on Risk Management is Risk Management I – A proactive approach to resolve future root causes and their potential consequences. Purpose of a Risk Management Plan Risk management program helps the organization to deal with potential occurrences.  It defines the approach and attitude towards risks. This program helps in identifying what are those risks the organization is ready to accept. The plan to deal with those unacceptable risks defines Read More …

Risk Management I – A proactive approach to resolve future root causes and their potential consequences.

Risk Management gives the visibility on the future root causes, their consequences and ways to reduce the impact of the potential negative effects of these future root causes.  The underlined words “Future” and “potential” here indicate, it is a futuristic strategy of the organization. Risk Management can be applied at all levels of the organization. It can be applied at project, level, unit level or at organization level. Risk Management is Read More …

CMMI Service Model – Process Areas by Maturity Levels

There are a total of 24 process areas to defined in the CMMI Service Model. This model is also called as CMMI-SVC. These are divided into 4 groups by Maturity Level. Even though there are 5 Maturity levels, there is none defined for Level 1. The maturity levels Start only from Level 2. For an organization to achieve a specific maturity level, it must be practicing all the practices defined Read More …

Capability and Maturity Model (CMMI) – Levels

Capability and Maturity Model is initially developed for department of Defense. The main focus of CMMI is to make sure that constant integration of Systems and Software. According to Software Engineering Institute, there are 5 levels of maturity in the Capability and Maturity Model. There is a clear distinction between the Capability and Maturity. the method of assessment differs for Capability assessment and Maturity assessment The Maturity levels are 1. initial – Read More …