Google Assistant

Third Rock Techkno endeavors to be in sync with emerging and trending technologies. Our knowledge and expertise in the latest in voice technology make us a top-ranked company in voice app development. With expertise in Google home action development, we specialize in building google assistant actions like facial recognition, business applications, and home automation. Thus we cater to a variety of clients and businesses ranging from education, healthcare, entertainment, etc.

Google Assistant was launched in 2016. Google Assistant made it very simple to create reminders, integrating flight dates and timings, finding hotels, etc. with its voice features. Google’s assistant’s voice feature is compatible with smart speakers. Globally, the number of installation smart speakers is expected to reach 200 million by the end of 2019. In the USA, the smart speaker installation rate went from 60.2 million in 2018 to 87.8 million in 2019. In China, the growth was from 22.5 million in 2018 to 59.9 million in 2019.

Our Google Action Services

  • 1. Custom Action Development
  • 2. Mobile App Integration
  • 3. Integration with ERP System
  • 4. Google action testing
  • 5. Multilingual Support

Our Existing Clients

We cater to a diverse clientele spanning across various industries.

Why Choose Us As Your Google Assistant Development Company

Experienced Developers

Our highly-qualified Google Assistant Development experts specialize in building customized, creative and highly-interactive web and mobile applications. Whether you are a startup or an SME, our experts will get the job done.

Trusted Delivery Methods

We employ an agile methodology to keep you in the loop. Throughout AR development and mobile development, we focus on delivering solutions that meet your business goals, timeline, and budget.

Competitive Rates

Whether it is AR development or mobile development, we offer the most competitive rates on the market. Our personalized services meet different budget needs of our clients from across the globe.

Transparent Work Approach

Our AR development company ensures complete project visibility right from the time you approach us with your needs. We use email, phone, Skype, Slack, and other mediums for regular communication with our clients.

Customer Satisfaction

Our designers, developers, quality analysts, and a project manager – all strive for customer satisfaction. We deliver Google actions development services that align with our clients’ needs.

Client Testimonials

Our WORK speaks louder than our WORD. Find out how we helped clients overcome challenges and succeed.


Very good communication at all stages. Always prompt to reply. Excellent quality of work. The team at Third Rock Techkno was communicative, responsive, and accommodating as they produced high-quality work.

Jonathan Wood, Smoovr


It was a pleasure working with the TRT team. Prior to contracting this group, I had a system created that was absolutely terrible and poorly developed. I also worked with a few freelancers that couldnt cut it either. TRT was actually able to execute on our concept and have built a truly solid system for our company.

Karl Pierre, Ontime

Features Of Google Assistant

Open Apps

Users can use this command to open apps, including third-party apps. e.g. 'OK, Google, open Gmail' and users are directed to their Gmail inbox.

Image Search

You can ask the search engine to look up any objects, animals, cars, bikes etc. by voice.

Play Music

Google’s Assistant enabled users to use it for playing music. Google Voice Assistant also supports apps such as Google Play Music, YouTube, Gaana, Saavn, etc.


Google Assistant is supported in Android smartphones running Android Marshmallow or Nougat, Android wear, Android TV, Android Auto, and Google Pixelbook.

Smart Display

Smart displays have support for Google Duo video calls, YouTube videos, Google Maps directions, Google Calendar agenda, viewing of smart camera footage, in addition to services that work with Google Home devices.

Locate Places

Google Assistant can help users find places using its Nearby feature. Users can find restaurants, hotels, dance classes, most visited places, historical places, etc.

Recent Google Assistant Development Blogs

30 May 2022 | 7 Min Read
Software Design Document Vs Software Requirement Specificification - A Complete Guide

Software design document vs software requirement specification is a common topic to be discussed in software development. While both are highly important for any software development project, not knowing the basic differences may lead to various issues during the development process. As per the recent statistics, nearly 70% of the projects fail to deliver what they are supposed to and the development process, strategies, and practices have a lot to do with this. It is important to know how to make SRS documents, and SRS designs, as well as understand the difference between requirements and specifications in software engineering. This will also help you document each of them properly and utilize them in the right way. So, in this blog, we will guide you through all you need to know about software design documents vs software requirement specifications. What Is a Software Design Document? A software design document is defined as a written form of a report that includes all the vital information regarding the software design, architecture, and how to design it while meeting technical specifications. It is also known as a software design specification document. A software design document is highly important as it specifies all the information related to the software design process, software design requirements, architecture, and others. It not only ensures that all the main software design requirements are met but also helps streamline the workflow of the software development team by guiding them through the right steps to how to build the software. Also Read: Discovery Phase of Project: A Complete Guide What Is a Software Requirement Specification Document? The software requirement specification or SRS document plays a very significant role in the software development process. A software requirement specification or SRS document is defined as a document that specifies all the details related to the software development process such as software development project scope, required features & solutions in the final product, functional & non-functional specifications, and maintainability, reliability, safety, resources, and others. It is important to know how to make an SRS document as it simplifies everything by offering a detailed specification of all vital areas of software development. As a result, it becomes easier for the software developers to follow the right direction and meet the specific set of requirements in the final product. Also Read: Mobile App Development - Step by Step Guide for 2022 Software Design Document Vs Software Requirement Specification Software design document vs software requirement specification is one of the most discussed topics in software engineering and software development. And now that you have better knowledge of SRS design and software requirements, let’s discuss in detail the difference between requirements and specifications in software engineering. There are a lot of factors that differentiate between the software design document and software requirement specification as we are going to discuss below. Content Content is the first thing that comes to your mind while knowing how to make an SRS document or how to write a software design document. And the content for these two types of documents is completely different from one another. An SRS document includes all the specification-related information of a software development project. The content of an SRS document is focused on the various areas of a project such as - * The outline of your software development project. * The purpose of your software development project is like, why is it being developed, or the main reasons behind opting for that specific idea of product development. * The description of your software from different perspectives such as operability, functionality, and others. * The key functionalities of your software, what is it supposed to do and how is it supposed to execute specific tasks, etc. * The performance of your software - the details specifications like its expected performance level, related KPIs (Key Performance Indicators), competitive factors like how well is it supposed to perform compared to the other similar products in the market, and others. * The different non-functional properties that are expected from the product. * The key external interfaces of the product and how will those interact with the other software or hardware, their key capabilities, and functionalities. * The expected constraints to overcome during the product development or the key restraining factors while developing various features and solutions of the product. * How the product development will help you meet the overall business goals. * The target audience or end-users of your product and how to cater to their requirements efficiently. A software design document on the other hand includes all the details regarding the description of the software, how its features will be built, or how the product will be designed to meet the specific set of technical requirements. There are several pointers related to the design of your software that you need to include in a software design document such as - * The overall overview of the software development project mainly focused on the design and the stakeholders along with the relevant information. This section should also include the title and the compact summary with the relevant information in simple-to-understand language so that everyone can utilize it. * The context of your software development project and how to build the software efficiently to make it purposeful. This section of the software design document also specifies the key and useful metrics to measure the success of the software from various aspects. * A comprehensive and relevant technical solution with proper details that can guide the software developers through the right steps to develop the right product. * A detailed timeline guide that includes the milestones, time frame, and other relevant details so that the project team can know when and how to achieve the same on time. Purpose The main purpose of doing SRS design or knowing how to make an SRS document is, to provide the entire project team with a well-defined framework that they need to follow. It lists out the top software requirements needed to develop a project successfully while offering adequate information on the same. It is pivotal for not only the software developers but for the whole project team as it offers important insights on the operations, quality assurance, maintenance, key features and solutions to have in the product, and others. So, it is more like an informative guide for your software development team to ensure a successful product launch. A software design document is more descriptive. It describes the complete design of the product or software the team is developing so that the developers can have a clear idea of exactly what is being developed. The main purpose of a software design document is to ensure the complete product design is achieved or that everything that is required in the software architecture and design is maintained. It not only helps the developers know in-depth about the expected software design but also describes how to design that, which architectural or project development approach can work the best etc. So, when it comes to knowing the difference between the requirements and specifications in software engineering, this factor remains a prime differentiator. Method In the software design document vs software requirement specification discussion, it is important to know the method followed to make each of them. To write an SRS document, you will need complete information on the project. Project scope, goals, features, functional requirements, etc. all information is vital for SRS design. And so, the method involves going through the project requirement details as well as the overall project goals aligned with the business. The software design documentation method, on the other hand, needs a more in-depth knowledge of the technical requirements, processes, system architecture, design development process, and the relevant tech stacks. Instead of the whole project and business perspectives, it is more focused on the whole software architecture design and the final design as per the requirements. And hence, the method of writing a software design document involves knowing the whole software design requirements, relevant technical process to follow, and other information. No doubt that the method of documentation is one of the top factors that help you understand the difference between requirements and specifications in software engineering. Significance The SRS document is highly significant in ensuring the product quality as well as the product features and solutions and how competitive they are in the present market. Not only the basic project scope, but all the other important areas such as the present market, competition, future growth scope, and others are taken into account during the SRS documentation process. So, it is highly significant in developing an efficient and competitive product for the present market as well as the one that can be a good fit as per the upcoming trends and demand as well. The significance of the software design documents lies in the development of a complete product design that meets all the technical specifications. It ensures that the software design and architecture areas are required and efficient to deliver what the software is meant to. Also, a software design document is highly significant when it comes to the maintainability, scalability, and reliability of a product in the long run. Also Read: Rapid Application Development (RAD): A Complete Guide Takeaway Software design document vs software requirement specification is a widely discussed topic to explore. While both are an integral part of the software development process, it is crucial to know the differences to document them in the right way. The above guide will help you document the software requirements and software design properly and make the best out of it. All you need to know is the key differentiating factors and the main goals and purposes of such documents. However, based on your product development type, requirements, goals,m and other factors you need to focus on the documentation process. Are you searching for a product development solution? We, at Third Rock Techkno, have our extensive range of product development services that include web development, app development, voice development, and more. Check out our latest portfolio and drop us a line for a free consultation.

13 Aug 2021 | 9 Min Read
Outstaffing vs. Outsourcing vs. Managed Services: Hire the Right Team for Your Software Development Needs

Technology has made it possible for software development organizations to grow more quickly than ever before. However, staffing remains a common barrier that many people still face. Your company's ideas may be best in the business world. But without the right team, even great ideas wouldn’t work. Along with the ideas, companies also need the right people [] to execute them in a way that is cost-efficient, time-saving, and competitive. This is where qualified professionals can help. They can breathe life into your idea and make it come alive. The goal should be to find qualified experts for your company. But finding these people is difficult and can take a lot of time and effort. Outsourcing [], outstaffing, and managed services come to your rescue at this point. This blog will discuss everything related to outstaffing, outsourcing, and managed services in detail. You would have enough idea which service would be a good fit for your organization until the end. []What Is Outstaffing? The easiest model to understand is outstaffing. It's exactly what it sounds like: a company's business model is hiring out the skills of others. Outstaffing comes in handy when a company is shorthanded and needs more developers. It is best suited for projects that require a quick start. The Approach The outstaffing approach allows you to take on the day-to-day tasks of a software development team without needing to hire new employees. Whether you're on your first project or it's the thousandth, defining the project's scope [] is still the most common pitfall that companies need to focus on beforehand. If you're considering an outstaffing approach, you have complete control over the management of your team. The team inherits existing management structures. It includes everything from the same tracking tools, methodologies and communicates similarly. The code repository, environments to deploy your applications, and automation tools are all under your purview. With outstaffing as your approach, you control and prioritize what happens. The Value Also known as staff augmentation, in our staffing, the manager is employed by the client. They have the ownership of overseeing products, budgets, and terms. For the businesses looking to adopt this approach, outstaffing requires little organizational complexity. There are many competitors, and it's often price-based. Vendors compete with each other for small clients. This approach works on the concept of hourly costs in addition to the model. The clients purchase the work hours, and the providing companies gain profit according to the number of hours they sell. Looking For Expert Guidance on Your Dream Project? Our diverse team of industry leading veterans can help you build the most viable solution. Schedule a free consultation call [] Why Should You Consider Outstaffing for Your Software Development Needs? Highly productive Outsourcing is a strategic business decision that many companies make. Releasing your employees from working on tasks outside their strengths can help you grow your business and make better decisions. You will be able to generate strategies to increase revenue because you focus on your core business activities. Enhances efficiency Finding the right outsourcing company [] is vital for your business. The experts in the business process or service you want them to do will help you attain a great quality job, be more productive and efficient. In addition, outsourcing can lead to cost-savings in your business. You may use that leftover money for business progression and investments in other areas of your company. Competitive Edge Outsourcing enables you to reach new opportunities that were hard to access before, including affordability, capital, and accessibility. Furthermore, you'll get a competitive edge by utilizing third-party vendors as well as your whole supply chain. What is Outsourcing? Software outsourcing is when a company delegates one of its business needs to a third-party provider. These needs could be categorized according to the three models of outsourcing - staff augmentation, dedicated team model, and project-based model. And that’s why it's essential to identify the gaps, capacity [] and address them before finding the right development partner. New technologies, methodologies, languages, and practices need an innovative global strategy like outsourcing to set the course for digital acceleration. For example, when a company doesn't have the coding skills themselves, they can hire a development team to perform these tasks. Outsourcing is not only for development teams but also for different technologies and platforms that a company may not have the expertise in. The Approach There are two main management structures in this approach: the client-side and the vendor side. Client-side product management, program management, and team leaders are in charge of organizing and managing everything from the original project idea to its end result. The vendor's responsibility is to provide proxy managers who ensure the quality of the outsourcing process. The idea of management in a contractor company can be both a blessing and a curse. It allows people in managerial positions to set standards and measurements for their employees to follow. Moreover, they are responsible for complying with these standards and making sure they hit the company's KPIs. The Value When you outsource work, you're saving the time and energy of your team. You're also getting access to experts and processes that exist within other companies. You can do this by hiring a company with prebuilt solutions, technical guidelines, and more. The end result is increased efficiency and cost savings. Plus, there's a major revenue pro to outsource work: it's easier to scale your business when you have more margin from lower costs. Build Your Dream Project With The Best in Class Team We specialise in developing software solutions that maximize ROI without compromising on the quality. Hire Us [] Why is outsourcing a beneficial route for companies? Expanded Capabilities Outsourcing allows you to hire more help without having to hire more people full-time. It enables you to expand your capabilities with your existing IT team. And yet, it retains all of the control that comes with hiring an in-house team. Full Control When companies outsource software development, they can solve their staffing challenges in a cheaper way than hiring staff. Further, it also translates into a lower market price and enhanced competition. Money-Saving Companies are now using outsourcing for more than just saving money. An array of objectives, such as improving quality and lowering costs, are among the goals of outsourcing software. What are Managed Services? Many businesses follow this approach to take some burdens off their shoulders and want a 24-7, hands-on approach. Managed IT service providers take over IT operations and design a solution tailored to the business' needs. This includes 24-hour monitoring, managing, and problem resolution for all IT systems. Before you choose a partner, it's important to ask them the right questions about their qualifications [] and ability to scale. Managed Service Providers (MSPs) can use software to work towards two major goals. First, they'll be alerted to anything that may cause a customer symptom or risk, both before and after it happens, and will know about it. Second, every notification they receive is important and needs instant attention. The Approach Managed services can help your business stay afloat and free of costly downtime. The most important is that you'll take care of potential problems before they can affect your business and ruin your computer network. With proactive maintenance, monitoring, and optimization, your network will run smoother and better than before. When you hire a managed service, your business lets go of the old-school tradition of breaking things and then fixing them. It enables you to be proactive and make sure the issues never happen in the first place. Instead of waiting for a looming disaster, a business with managed services ensures that employees are never interrupted. These days, businesses should have a plan for every eventuality - and this includes technology. Managed services have a focus on prevention to avoid interrupting its employees in the event of an issue. The Value Managed IT services offer a diverse range of remote IT help, including 24/7 support and on-demand assistance. Organizations can take advantage of these managed services to reduce their in-house IT workload or fill gaps in staffing, such as with IT skills. These services are for on-premises computers as well as private cloud storage. As a company, your IT is an integral part of your operations. Managed IT service providers can reduce in-house overhead and boost IT efficiency. Plus, by offloading IT services to a third party, your company can improve its uptime management. Reviewing data protection policies and procedures also ensures that your managed IT provider complies with international standards. Read More: How To Outsource Software Development Projects The Right Way [] Why is Managed Services a Future-defining Business Model? Lesser technical errors Your technology should be running like a well-oiled machine, without any technical issues. That's why your managed service providers will be there to take care of everything. They'll constantly monitor your IT and detect any abnormalities early on before they become a bigger problem for the company. Support from Experts A managed service provider company will offer all the technology you need for your business, from servers to workstations to software. You will use these services for an agreed price and stop spending on expensive technology. You will get the latest services and solutions while you let experts take care of all IT functions. Cost-competitive Companies can use them to free up personnel or relieve stress on their IT infrastructure. When a company provides a contract, it should be able to highlight the specific technological services they need. Managed services are more holistic and can serve as a low-cost alternative to hiring an in-house IT team. Read More: What is better: in-house mobile app development or outsourcing app development? [] Two Different Models followed by Software Outsourcing Companies Outsourcing is a popular way to bring in new ideas and innovation. In addition to web and mobile app development, typical outsourced services include cloud computing, robotic process automation, and artificial intelligence. These technologies are becoming mainstream in the industry and will have an impact on the future of business. Outsourcing software projects can be done by working with vendors across the globe. Onshore Outsourcing Onshore outsourcing, or when a company outsources to a company in the same country, has its advantages. Communication is much easier, and outsourcing becomes more effective because there are virtually no language barriers. The con of onshore outsourcing is that customers usually have to pay more. Offshore Outsourcing When you need to grow a team quickly, it's worth considering offshore outsourcing. As your team expands, there's a lot to manage: visas, payroll, health insurance, office space. It can be especially challenging to coordinate time zones. In offshore outsourcing, online communications channels like Zoom video conferences (or even just good old email) make it possible for you to stay connected with members of your team without worrying about the time difference. We are a team of expert developers, testers and business consultants who strive to deliver nothing but the best. Planning to build a completely secure and efficient application? 'Hire Dedicated Developers []'. Why Choose Third Rock Techkno as your Trusted Onshore Outsourcing Partner? It's important to align your business goals with your needs when choosing an IT services provider. [] That's why asking the right questions is critical. Trustworthy service providers will give you straight answers. If the terms are vague or confusing, you may have a costly misunderstanding on your hands with an unscrupulous company. Remote work led to a surge in successful outsourcing cases. The current circumstance has brought this to the forefront, as companies have to run remotely due to the disaster. Business owners realize that remote work and outsourcing make a difference when they're in crisis mode. Third Rock Techkno is a top-ranked IT company. Our goal is to bring client success and keep up with the latest in technology. We have over ten years of experience in voice, web, and mobile app development, and we are constantly learning about the latest trends. Looking For Expert Guidance on Your Dream Project? Our diverse team of industry leading veterans can help you build the most viable solution. Schedule a free consultation call [] -------------------------------------------------------------------------------- Krunal Shah Krunal Shah is the CTO and Co-founder at Third Rock Techkno. With extensive experience gained over a decade, Krunal helps his clients build software solutions that stand out in the industry and are lighter on the pocket. | Let's connect! []

16 Apr 2021 | 9 Min Read
Risk Management in Software Development: A Complete Guide

Software development is just one term but it comprises so many things like projecting goals, documenting requirements, building features, creating backend infrastructure [] , deciding on the right design, and so on. When these many tasks are involved in a project, with as many different people working on it, certain risks are bound to be encountered. That is why risk management is an essential task that every software project has to pay attention to. In this blog, we have compiled everything you need to know about risk management in software development. Table of Content * Importance of Risk Management in Software Development [] * Types of Risks in Software Development and How to Deal With Them [] 1. Risks of inaccurate estimations in software development [] 2. Risk of scope variations in software development [] 3. Risk management in software development relating to end-user engagement [] 4. Risks in software development around stakeholder expectations [] 5. Risks of poor code quality in software development [] 6. Risks of poor productivity in software development [] 7. Human resources related risks in software development [] 8. Inadequate risk management in software development [] * Common Risk Management Strategies in Software Development With Best Use Cases [] * The Bottom Line [] Importance of Risk Management in Software Development With the advancements in technology and go-to-market methods, every business is focusing more on having a unified identity which eventually makes it harder to identify the types of risks associated with it. Though there are some practices that can be utilized to identify bottlenecks while calculating the possibility of risks and predicting their impact. Risk management is quite a complex set of activities but it is equally important for businesses to avoid or minimize the effects of risks, growing with no obstacles on the way. The main objective behind risk management is to know and understand: ●     What can possibly go wrong ●     The reason behind this complication ●     What would be its impact ●     How to fix it If you can handle risk management in software development properly, it will help your business to survive even when a risk materializes. Some of the most important reasons why you should consider having risk management strategies for software development in place include: ●     Saves you a lot of money by cutting expenses on emergencies that can be foreseen and avoided accordingly ●     Helps you to work faster since it allows your development teams to concentrate on development, instead of wasting it on fixing unpredicted issues ●     Facilitates smarter spending by not needing to entertain any additional funding in order to solve unpredicted problems ●     Builds a better reputation for you by ensuring that you’ve got everything under control even in an emergency Types of Risks in Software Development and How to Deal With Them The major kinds of risks involved in software development are: 1. Risks of inaccurate estimations in software development Estimations can rarely be avoided in software development because you experience constant pressure from customers or other stakeholders. However, they can only create risk if the estimations create unrealistic expectations. Inaccurate estimations can be a result of your team underestimating the length of a project, milestone, or iteration. It can lead to many problems between developers and clients as it will increase project timeframes and eventually the project expenses. Here are some of the best risk management strategies to avoid or minimize the risk of inaccurate estimations: ●     Zero down on the priority work ●     Include Tech Spikes [] and an allocation factor in the estimation ●     Don’t forget to consider the Cone of Uncertainty [] when estimating 7 Concrete Tips To Reduce Software Development Costs Read More [] 2. Risk of scope variations in software development Scope variations usually occur when there is a change in the scope of an iteration once the timeframe has been decided. Stakeholders or product owners frequently ask to vary the scope of a project because of the constant customer feedback coming in. This scope variation can create severe risks for software projects. For instance, if a scope varies, it can significantly impact the developers’ ability to stick to the original project timeline. Hence, it is necessary for mitigating such risk to manage customer expectations around how scope variation can impact the original project estimations. Best ways to go about it: ●   Make sure you have short, manageable iterations that allow you to reflect more frequent opportunities and vary the project scope ●     Only elaborate the work at a priority level The Importance of a Robust Software Service Requirements Document Read More [] 3. Risk management in software development relating to end-user engagement Such risks arise when a product is released to the market but the users are resistant to change, or they have a conflict amongst them. User engagement is important to ensure that the users of a product adopt the software, which will directly link to its success. For a company building software for an external customer, it will bring profitability. In the case it is building the same for internal use, it can be used to improve productivity. The best way to improve user engagement is to listen to your users. Here other possible risk mitigation strategies that are far easier to apply using agile development: ●     User testing and surveys ●     Focus groups ●     Frequent releases ●     Beta testing. 4. Risks in software development around stakeholder expectations Other than managing stakeholder expectations as a mitigation strategy, the uptake of this particular strategy can also arise as a project risk. A stakeholder can be anyone/any group who either impacts or will be impacted by the outcome of the software project. It can be business owners, development teams, or even the investors of the project. This close relationship to the project outcome can make it quite challenging to manage the expectations of each of these stakeholders. Here are some of the best ways to set expectations with stakeholders: ●    Have effective communication ●    Always obtain stakeholders’ frequent approval and acknowledgment of the project ●  Follow tested development methodologies while involving stakeholders in important meetings ●   Make sure that stakeholders maintain reasonable response lines while communicating with development teams 5. Risks of poor code quality in software development There can be numerous reasons behind the poor code quality. For instance, if projects are underestimated and developers rush to complete the iteration, they will compromise on the quality. A bad code could be difficult to read, review, or change for other developers. The quality will be low if you rushed and released the code without testing, which eventually creates a risk of technical debt i.e., a lot of errors in the end product. Risks of poor quality code can even decrease the agility of a software project in the long term. On the other hand, a good-quality code can help you reduce the long-term development efforts of a project by making the project easier to understand, maintain, and extend. Here is how to ensure the same: ●    By implementing User Acceptance Criteria [] making stakeholders affirm that the project is up to standard. ●   Having code reviews, clear coding standards and guides [] , and testing of all code in place. 6. Risks of poor productivity in software development If your project group lags on planned timeframes, poor productivity most likely is the reason for it. You need to frequently measure developer productivity [] by using tools like burn-down charts or iteration reports. Consider the following strategies for this: ●     Value people culture of your company; ●     Set realistic timeframes and pace during project estimations to avoid burn-out of staff; and ●     Preferably hire a Product Manager who can be directly involved and collaborate with the team. How to Measure and Improve Productivity of Your Software Development Team Read More [] 7. Human resources related risks in software development Sometimes, a stakeholder or development team member might have to leave the project unexpectedly. It can create a risk to the project, especially if project knowledge is not documented properly. To reduce the impact of this risk in software development, take the following actions: ●   Ensure that you have detailed and up-to-date documentation of your project scope and progress ●     Start onboarding new or replacement stakeholders with a learning guide ●     Have monitoring methods for the invoice schedule and team utilization 8. Inadequate risk management in software development When the stakeholders fail to properly recognize or mitigate any project-specific risk, it will lead to inadequate risk management. Hence, inefficient risk management for a software development project is a risk in itself. It all starts with spending time acknowledging that there are risks in the project. Sit with your team and evaluate your own project requirements and goals critically. Identify all the different types of risks that your team can encounter. After that, you should consider mitigation strategies from the outset throughout the software project. Many risks will arise when you’re building software, and they can only be mitigated if they are identified effectively. You can try: ●     Including risk in estimations ●     Utilizing a Risk Register [] both on estimations and in the project requirements backlog. Common Risk Management Strategies in Software Development With Best Use Cases 1. Risk Avoidance A radical risk management strategy in software development wherein a business refuses to take a risk and declines to perform an activity. ●     Fast to implement — all you need to do is just decline or accept the activity. ●     Can leave potential revenue on the table, if not careful ●     A great fit for businesses with multiple branches and sources of income. Use Case: Ideal when the harm from the possible risk is much greater than the possible profit from the activity. 2. Risk Mitigation Risk mitigation is the most common strategy for risk management in software development. It’s useful for reducing the effect of negative consequences instead of avoiding them altogether. ●     No need to use your resources to eliminate the risk since it allows you to work with its consequences. ●     You still might have to deal with the negative consequences of the risk. ●  Ideal for businesses with loyal clients, those having sensitive timing, or service providers. Use Case: When you can’t avoid the risk completely but the service should still be delivered on time i.e., emergencies. 3. Risk Transfer Here, you pay a third party to deal with the negative consequences. ●     Very simple and fast to perform ●     It may cost a fortune and you’ll have less control over part of your business ●     Perfect match for businesses with a high load on some of their components Use Case: When an activity should be done quickly without compromising on the quality, and you have no time to gain your own expertise or train your own professionals. 4. Risk Acceptance Risk acceptance in software development helps you accept all the negative consequences of a risk. ●     Almost no resources needed ●     All the negative consequences are yours to behold ●   Should be used by established businesses that value implementing new features more than supporting old ones. Use Case: When an activity is harmless for the majority of users or when profit generated from the delivered activity for the users is higher than a possible inconvenience. We are a team of expert developers, testers and business consultants who strive to deliver nothing but the best. Planning to build a completely secure and efficient application? 'Hire Dedicated Developers []'. The Bottom Line Risk management in software development is an extensive and ongoing exercise. Otherwise, it can lead to major cost overruns. Or worse, it can leave the project completely destroyed. The basic approach to ensure the success of your software project is to identify all the potential risks, evaluate their probable impact on the project and compose strategies to minimize the impacts of these risks. Partnering with an experienced software development company [] can help you develop a concrete threat model for your software project. With industry expertise gained by working for a variety of different projects, such companies have a better understanding of appropriate risk management strategies based on the project type and goals. Planning to build a custom software for your business? With vast industry experience and a versatile talent pool, we specialize in building cost-effective software that generates high ROI. Book a free consultation call with us [] -------------------------------------------------------------------------------- Krunal Shah Krunal Shah is the CTO and Co-founder at Third Rock Techkno. With extensive experience gained over a decade, Krunal helps his clients build software solutions that stand out in the industry and are lighter on the pocket. | Let's connect! []

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