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In this book, we investigate and analyze the risks of software engineering through practical examples of some of the most famous failure of software engineering and the price that these failures had. Also, the book offers some suggestions and methods to mitigate and eliminate these risks, which should be of help to those who are engaged in developing and offering software engineering services. The aim of the research is to demonstrate the possibility of identifying and managing risks, explain the causes of failures in software engineering and propose measures and activities that would help to overcome this problem and increase the profitability of investment in software engineering.