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1 | 1 | --- |
2 | 2 | title: Dependency Risks |
3 | | -description: Risk faced by depending on something else, e.g. an event, process, person, piece of software or an organisation. |
| 3 | +description: Risk faced by depending on something else, e.g. an event, process, person, piece of software or an organisation. |
4 | 4 |
|
5 | | -featured: |
| 5 | +featured: |
6 | 6 | class: c |
7 | 7 | element: '<risk class="dependency" />' |
8 | 8 | sidebar_position: 6 |
9 | 9 | tags: |
10 | | - - Dependency Risks |
| 10 | + - Dependency Risks |
| 11 | + - Risk Category |
11 | 12 | tweet: yes |
12 | 13 | slug: /risks/Dependency-Risks |
13 | 14 | part_of: Operational Risk |
14 | 15 | --- |
15 | 16 |
|
16 | 17 | # Dependency Risks |
17 | 18 |
|
18 | | -[Dependency Risks](/tags/Dependency-Risks) are risks you take on whenever you have a dependency on something (or someone) else. |
| 19 | +[Dependency Risks](/tags/Dependency-Risks) are risks you take on whenever you have a dependency on something (or someone) else. |
19 | 20 |
|
20 | | -One simple example could be that the software service you write might depend on hardware to run on: if the server goes down, the service goes down too. In turn, the server depends on electricity from a supplier, as well as a network connection from a provider. If either of these dependencies aren't met, the service is out of commission. |
| 21 | +One simple example could be that the software service you write might depend on hardware to run on: if the server goes down, the service goes down too. In turn, the server depends on electricity from a supplier, as well as a network connection from a provider. If either of these dependencies aren't met, the service is out of commission. |
21 | 22 |
|
22 | | -Dependencies can be on _events_, _people_, _teams_, _work_, _processes_, _software_, _services_, _money_ and pretty much _any resource_, and while every project will need some of these, they also _add risk_ to any project because the reliability of the project itself is now a function involving the reliability of the dependency. |
| 23 | +Dependencies can be on _events_, _people_, _teams_, _work_, _processes_, _software_, _services_, _money_ and pretty much _any resource_, and while every project will need some of these, they also _add risk_ to any project because the reliability of the project itself is now a function involving the reliability of the dependency. |
23 | 24 |
|
24 | 25 | ## Why Have Dependencies? |
25 | 26 |
|
26 | | -Luckily for us, the things we depend on in life are, for the most part, abundant: water to drink, air to breathe, light, heat and most of the time, food for energy. |
| 27 | +Luckily for us, the things we depend on in life are, for the most part, abundant: water to drink, air to breathe, light, heat and most of the time, food for energy. |
27 | 28 |
|
28 | | -This isn't even lucky though: life has adapted to build dependencies on things that it can _rely_ on. |
| 29 | +This isn't even lucky though: life has adapted to build dependencies on things that it can _rely_ on. |
29 | 30 |
|
30 | | -Although life exists at the bottom of the ocean around [hydrothermal vents](https://en.wikipedia.org/wiki/Hydrothermal_vent), it is a very different kind of life to ours and has a different set of dependencies given its circumstances. |
| 31 | +Although life exists at the bottom of the ocean around [hydrothermal vents](https://en.wikipedia.org/wiki/Hydrothermal_vent), it is a very different kind of life to ours and has a different set of dependencies given its circumstances. |
31 | 32 |
|
32 | 33 | This tells us a lot about [Dependency Risk](/tags/Dependency-Risks) right here: |
33 | 34 |
|
34 | | - - On the one hand, _depending on something_ is very often helpful, and quite often essential. (For example, all life seem to depend on water). |
35 | | - - Successful organisms _adapt_ to the dependencies available to them (like the thermal vent creatures). |
36 | | - - However, as soon as you have dependencies, you need to take into account their _reliability_. (Living near a river or stream gives you access to fresh water, for example). |
37 | | -So, dependencies are a trade-off. They give with one hand and take with the other. Our modern lives are full of dependency (just think of the chains of dependency needed for putting a packet of biscuits on a supermarket shelf, for example), but we accept this risk because it makes life _easier_. |
38 | | - - There is likely to be _competition_ for a dependency when it is scarce (think of droughts and famine). |
39 | | - |
| 35 | +- On the one hand, _depending on something_ is very often helpful, and quite often essential. (For example, all life seem to depend on water). |
| 36 | +- Successful organisms _adapt_ to the dependencies available to them (like the thermal vent creatures). |
| 37 | +- However, as soon as you have dependencies, you need to take into account their _reliability_. (Living near a river or stream gives you access to fresh water, for example). |
| 38 | + So, dependencies are a trade-off. They give with one hand and take with the other. Our modern lives are full of dependency (just think of the chains of dependency needed for putting a packet of biscuits on a supermarket shelf, for example), but we accept this risk because it makes life _easier_. |
| 39 | +- There is likely to be _competition_ for a dependency when it is scarce (think of droughts and famine). |
40 | 40 |
|
41 | 41 | ## Types Of Dependency Risk |
42 | 42 |
|
43 | 43 | In order to avoid repetition, and also to break down this large topic, we're going to look break this down into some specific sub-types (shown below). |
44 | 44 |
|
45 | | -<TagList tag="Dependency Risks" /> |
46 | | - |
47 | | - |
48 | | - |
| 45 | +<TagList tag="Dependency Risks" /> |
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