Self-Insuring Your Software

You are here

Self-Insuring Your Software

Executive Report
Posted May 14, 2014 in Business Agility & Software Engineering Excellence, Business Technology & Digital Transformation Strategies

By shipping software, an executive agrees to assume the risk that the software will not cause some future costly event. However, there is still some possibility that some event will occur, creating a significant liability. By assuming this risk, the organization self-insures itself against future liabilities. This Executive Report explores how to price this self-insurance and how to use this price in the decision to ship or to invest further in improving software quality.