Risk Identification Efficiency
Overview
The Risk Identification Efficiency metric determines the efficiency of identifying risks in a software project. This helps in planning the risk mitigation and contingency plans to be carried out in the project.
Risk Identification Efficiency
This metric is computed as the number of risks identified relative to the number of risks that occurred in the project.
RIE expressed as a percentage ( % ) =
(Number of risks Identified )
—————————————————————————————- * 100
(Number of risks identified + Number of unanticipated risks that occurred)
Example
Consider a software project where the software team identified 8 risks. There were 4
unanticipated risks that occurred during the project.
Calculate the RIE.
Answer
Total no of risks identified = 8
Total no of unanticipated risks that occurred = 4
Risk Identification Efficiency %
= (8/8 + 4)*100
= (8/12) * 100
= 66.67 %
