Facilitating Organisational Learning Through Causal Mapping Techniques in IS/IT Project Risk Management

2005 ◽  
pp. 145-154 ◽  
Author(s):  
Abdullah J. Al-Shehab ◽  
Robert T. Hughes ◽  
Graham Winstanley
Keyword(s):  
Risk Management ◽  
Organisational Learning ◽  
Project Risk Management ◽  
Project Risk ◽  
Causal Mapping ◽  
It Project ◽  
Mapping Techniques

scholarly journals Characteristics of Effective IT Project Risk Management in Romanian IT Companies

2019 ◽  
Vol 53 (4/2019) ◽  
pp. 177-193
Author(s):  
DIDRAGA OTNIEL ◽  
BRANDAS CLAUDIU ◽  
BATAGAN LORENA ◽  
ALECU FELICIAN
Keyword(s):  
Risk Management ◽  
Project Risk Management ◽  
Project Risk ◽  
It Project

Information Technology Project Risk Management: Bridging the Gap between Research and Practice

2012 ◽  
Vol 27 (1) ◽  
pp. 17-34 ◽  
Author(s):  
Hazel Taylor ◽  
Edward Artman ◽  
Jill Palzkill Woelfer
Keyword(s):  
Risk Assessment ◽  
Information Technology ◽  
Risk Management ◽  
Assessment Process ◽  
Project Risk Management ◽  
It Projects ◽  
Project Risk ◽  
Research And Practice ◽  
Risk Assessment Process ◽  
It Project

The gap between research and practice is strikingly evident in the area of information technology (IT) project risk management. In spite of extensive research for over 30 years into IT project risk factors resulting in normative guidance on IT project risk management, adoption of these risk management methods in practice is inconsistent. Managing risk in IT projects remains a key challenge for many organizations. We discuss barriers to the application of normative prescriptions, such as assessments of probability and impact of risk, and suggest a contingency approach, which addresses the uncertainties, complexities, and ambiguities of IT projects and enables early identification of high-risk projects. Specifically, in a case study, we examine how the project management office (PMO) at one organization has bridged the gap between research and practice, developing a contingency-based risk assessment process well founded on research knowledge of project dimensions related to project performance, while also being practical in its implementation. The PMO's risk assessment process, and the risk spider chart that is the primary tool in this assessment, has proven to be effective for surfacing inherent risk at the early stages of IT projects, thereby enabling the recommendation of appropriate management strategies. The PMO's project risk assessment process is a model for other organizations striving to engage in effective and collaborative practices in order to improve project outcomes. The case illustrates the importance of considering the practical constraints of the context of application in order to transform research findings into practices that promote attainment of desired outcomes.

scholarly journals Representing IT Projects Risk Management Best Practices as a Metamodel

2017 ◽  
Vol 7 (5) ◽  
pp. 2062-2067 ◽  
Author(s):  
A. El Yamami ◽  
S. Ahriz ◽  
K. Mansouri ◽  
M. Qbadou ◽  
E. Illoussamen
Keyword(s):  
Risk Management ◽  
Best Practices ◽  
It Governance ◽  
Project Risk Management ◽  
Review Of The Literature ◽  
It Projects ◽  
Project Risk ◽  
Professional Environment ◽  
It Project ◽  
The Subject

Although still relatively new, the field of IT Governance has its own bodies of knowledge that include various methodologies, frameworks and techniques supported by an increasing growing base of research. IT Project Risk Management has since emerged as its own field. Many frameworks and methodologies were proposed by both practitioners and researchers. A review of the literature about the subject shows that there is a divergence between the two. The practitioners propose a set of good practices from professional environment but the heaviness of the proposed guides does not allow its application and adoption by managers or it’s improvement by researchers. Thus it calls for specific focus on IT governance frameworks best practices modelling in order to reach fusion between practitioners and researchers contributions. In this paper, special attention is dedicated to Project Management Institute’s guides. The main objective is representing IT Project Risk Management best practices as a Metamodel in order to complement different areas of knowledge.

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