Risk-Value Lifecycle
This practice aligns the project around four phases (Inception, Elaboration, Construction, and Transition). Each phase has specific goals and risks to be addressed that drive the project towards a successful completion. Milestones at the end of each phase validate mitigation of the risks addressed in the phase, as well as the value achieved.
Relationships
Contents
Main Description

The Risk-Value Lifecycle practice supplements the Iterative Development and Two-Level Planning Practices with the Unified Process Lifecycle.  This lifecycle identifies four phases, each of which attempts to balance value provided against risk mitigation appropriate to the phase. [***.......TO BE COMPLETED ***]

The Essence of the Risk-Value Lifecycle

The following capture the key principles of Risk-Value Lifecycle:

  • Inception Phase focuses on identifying the objectives of the project and mitigating risks associated with this goal.
  • Elaboration Phase focuses on solidifying the architecture for the system being built and mitigaing risks associated with this goal.  Production of executable examples of the most risky elements of the architecture is included.
  • Construction Phase focuses on actually building the system, culminating in the first beta-level versions of the entire system.  
  • Transition Phase focuses on incorporating feedback from early customer evaluations of the system and preparing the entire system for final product release, including end-user materials and distribution.


Why Adopt this Practice?

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How to Read this Practice

The best way to read this practice is to first familiarize yourself with its overall structure -- what it is in it and how it is organized. 

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For step-by-step instructions on how to adopt this practice, see How to Adopt This Practice.

Additional Resources

For more information on the whole team approach, see the following:

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Dependencies on other practices

This practice provides additional guidance to the following practices:

  • Iterative Development
  • Bi-Level Project Planning

This program and the accompanying materials are made available under the
Eclipse Public License v1.0 which accompanies this distribution.

OpenUP Copyright.