Risk avoidance in bidding for software projects based on life cycle management theory

This study explores how to integrate software project management risk into bidding risk, and makes use of life cycle management theory to study risk avoidance in bidding for software projects. The stages in the life cycle of software projects and main risk items are introduced. As many types of risk items exist in the bidding, we analyze the possible risk response measures for different risk categories and the measures’ corresponding strength. Finally, we describe the basic methodology for dynamic risk avoidance in bidding for software projects based on life cycle management theory and give an example.