Answer- A computer code project may have a risk associated with it. Knowledge of the same is required so that one is ready tackle them, when working on a computer code project.
There are three types of risks:
1. Project Risks- Project risks concern monetary fund, schedule, personnel, resource, and customer-related issues.
2. Technical Risks- Technical risks concern potential style, implementation, interfacing, testing, and maintenance issues.
3. Business Risks- This type of risk embodies the risks of building a superb product that nobody needs, losing monetary fund or personal commitments, etc.