CLIAMS:We claim:

1. A method for determining risks associated with customer requirements in an organization, comprising:
retrieving, by a risk assessment computing device, information about the organization from one or more sources;
determining, by the risk assessment computing device, one or more categories based on the retrieved information, wherein the one or more categories are context sensitive for the organization;
determining, by the risk assessment computing device, weightage of each of the one or more categories;
receiving, by the risk assessment computing device, a requirement for modifying current system of the organization from the user; and
determining, by the risk assessment computing device, a risk score of the requirement based on the one or more categories and the weightage of each of the one or more parameters.

2. The method as claimed in claim 1, wherein at least one of the determined one or more categories and weightages are modified by the user, said modified one or more categories and modified weightages are stored in a memory of the risk assessment computing device.

3. The method as claimed in claim 2, wherein determining the risk score of the requirement is based on the modified one or more categories and the modified weightages.

4. The method as claimed in claim 1, further comprising categorizing the risk score based on the information about the organization, weightage of each information and a predefined risk threshold.

5. The method as claimed in claim 1, wherein information about the organization is stored in a memory of the risk assessment computing device.

6. A risk assessment computing device for determining risks associated with customer requirements in an organization, comprising:
a processor; and
a memory communicatively coupled to the processor, wherein the memory stores processor-executable instructions, which, on execution, causes the processor to:
retrieve information about the organization from one or more sources;
determine one or more categories based on the retrieved information, wherein the one or more categories are context sensitive for the organization;
determine weightage of each of the one or more categories;
receive a requirement for modifying current system of the organization from the user; and
determine a risk score of the requirement based on the one or more categories and the weightage of each of the one or more parameters.

7. The risk assessment computing device as claimed in claim 6, wherein the determined weightages are modified by the user, said modified weightages are stored in a memory of the risk assessment computing device.

8. The risk assessment computing device as claimed in claim 7, wherein determining the risk score of the requirement is based on the modified one or more categories and the modified weightages.

9. The risk assessment computing device as claimed in claim 6, wherein the processor is further configured to categorize the risk score based on the information about the organization, weightage of each information and a predefined risk threshold.

10. The risk assessment computing device as claimed in claim 6, wherein information about the organization is stored in a memory of the risk assessment computing device.

11. A non-transitory computer readable medium including instructions stored thereon that when processed by at least one processor cause a risk assessment computing device to perform operations comprising:
retrieving information about the organization from one or more sources;
determining one or more categories based on the retrieved information, wherein the one or more categories are context sensitive for the organization;
determining weightage of each of the one or more categories;
receiving a requirement for modifying current system of the organization from the user; and
determining a risk score of the requirement based on the one or more categories and the weightage of each of the one or more parameters.

12. The medium as claimed in claim 11, wherein the instructions further cause the at least one processor to perform operations comprising receiving modified one or more categories and weightages by the user, said modified one or more categories and modified weightages are stored in a memory of the risk assessment computing device.

13. The medium as claimed in claim 11, wherein the instructions further cause the at least one processor to perform operations comprising categorizing the risk score based on the information about the organization, weightage of each information and a predefined risk threshold.

Dated this 9th day of February, 2015

R RAMYA RAO
OF K & S PARTNERS
AGENT FOR THE APPLICANT
,TagSPECI:TECHNICAL FIELD

The present subject matter is related, in general to risk assessment, and more particularly, but not exclusively to a method and a computing device for determining risks associated with customer requirements in an organization.