Risk Management Brochure
Software Engineering Institute
The SEI has been conducting research and development in various aspects of risk management for more than 20 years. Over that time span, many solutions have been developed, tested, and released into the community. In the early years, we developed and conducted Software Risk Evaluations (SREs), using the Risk Taxonomy. The tactical Continuous Risk Management (CRM) approach to managing project risk followed, which is still in use today—more than 15 years after it was released. Other applications of risk management principles have been developed, including CURE (focused on COTS usage), ATAM® (with a focus on architecture), and the cyber-security-focused OCTAVE.® In 2006, the SEI Mission Success in Complex Environments (MSCE) project was chartered to develop practical and innovative methods, tools, and techniques for measuring, assessing, and managing mission risks. At the heart of this work is the Mission Risk Diagnostic (MRD), which employs a top-down analysis of mission risk.