• Satya Teja
• Dr. R. Jegadeesan
• N.Mahesh Raj

The risk is labeled as an undesirable event that is found in every project, regardless of the industry. The majority of the software project did not meet the objectives, that is, scope, time, cost and quality. Software projects faced a wide range of risks and all risks can not be treated with the same priority. The risk can be prioritized by the probability of its occurrence and its impact. Therefore, risk assessment is necessary to highlight and prioritize serious risks. However, very little research focused on the risk assessment faced by small and medium software projects. This research carries out a risk assessment and highlighted the serious risks faced by professionals working in small and medium-sized projects and software when documenting probability and impact. The chances of success of software projects can be increased by performing an appropriate risk assessment. Risks are identified through the exploration and review of existing literature. The identified risks are grouped by phases of the life cycle. This research uses a questionnaire-based approach to record the response of 163 software professionals working in the software industry. SPSS is used for data management and for statistical analysis. The probability and impact of each risk are measured to highlight the potential risks. The results concluded that the level of severity of most of the risks faced by small and medium software projects is significant and high. The success of each project is very important for the progress of organizations that work at small and medium levels. Therefore, this research guides professionals and organizations to consider and prioritize the risk they face when working on small and medium software projects to increase the chances of success of projects.

Software Projects, Risk Assessment, Risk Management, Risk Prioritization, Probability Impact Matrix.

"A SURVEY ON RISK ASSESSMENT ACROSS LIFE CYCLE FOR SMALL AND MEDIUM PROJECTS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.611-615, April-2019, Available :http://www.jetir.org/papers/JETIRAU06094.pdf

"A SURVEY ON RISK ASSESSMENT ACROSS LIFE CYCLE FOR SMALL AND MEDIUM PROJECTS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp611-615, April-2019, Available at : http://www.jetir.org/papers/JETIRAU06094.pdf