Risk Management in Application Lifecycle Management

August 13, 2014

Risk management is designed to minimize the various risks that enterprises face. Risk management software collect data across the enterprise IT system to identify risks.

Risk management is especially important for Safety Critical Industries where most devices are equipped with embedded software, such as healthcare, aviation and automotive, that are industries regulated by diverse standards. Comprehensive Application Lifecycle Management (ALM) software needs to be compliant with standards and provide transparency and traceability in development right through the Application Development Lifecycle.

Our latest video entitled “Risk Management in Application Lifecycle Management” will guide you through how codeBeamer ALM software supports the Risk Management Lifecycle in the following steps:

  1. Risk Identification
  2. Classification and Assessment
  3. Hazard Analysis
  4. Risk Reduction Plan
  5. Risk Mitigation Actions
  6. Documentation and Reporting

You can learn more about our Risk Management Workflow, specific Risk Trackers, the Risk Assessment matrix as well as our special reporting features.

You can also see the benefits of our Risk Traceability, including better risk analysis and impact assessment, systematic risk definition and mitigation and better monitoring.

Download codeBeamer 7.3 or contact our Sales Department to request a demo to learn more about the codeBeamer ALM software.

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