Risk management in computer-based systems development by use of performance and reliability metrics

2002 ◽  
Author(s):  
P.R. Work ◽  
H.E. Johnson
Keyword(s):  
Risk Management ◽  
Systems Development ◽  
Computer Based

scholarly journals A Framework for Risk Assessment in Collaborative Networks to Promote Sustainable Systems in Innovation Ecosystems

2020 ◽  
Vol 12 (15) ◽  
pp. 6218
Author(s):  
Ricardo Santos ◽  
António Abreu ◽  
Ana Dias ◽  
João M.F. Calado ◽  
Vitor Anes ◽  
...  
Keyword(s):  
Risk Management ◽  
Open Innovation ◽  
System Development ◽  
Human Perception ◽  
Systems Development ◽  
Collaborative Networks ◽  
System Component ◽  
Risk Level ◽  
Sustainable Systems

Nowadays—and due to an increasingly competitive world—organizations need to collaborate in an open innovation context to be efficient and effective by achieving high levels of innovation with their products and services. However, the existing resources—as well as the innovation achieved from the diversity of partners involved—brings challenges to the management; in particularly with risk management. To fulfill such needs, risk management frameworks have been created to support managers, on preventing threats with systems development, although without properly account the influence of each system component, on the entire system, as well as the subjectivity within human perception. To account for these issues, a framework supported by fuzzy logic is presented in this work, to evaluate the risk level on system development in open innovation environment. The approach robustness is assessed by using a case study, where the challenges and benefits found are discussed.

A computer-based system for risk management support

1988 ◽  
Vol 4 (4) ◽  
pp. 481-489 ◽  
Author(s):  
R.J. Peckham ◽  
P. Haastrup ◽  
H. Otway
Keyword(s):  
Risk Management ◽  
Management Support ◽  
Computer Based

scholarly journals Dealing with unpredictable risk - The influence of external factors on information systems development and implementations

2021 ◽  
Author(s):  
◽  
Ettiene Esterhuizen
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Project Management ◽  
Information Systems ◽  
Systems Development ◽  
Information Systems Development ◽  
Management Processes ◽  
Huge Impact ◽  
Risk Processes

<p>Organisations and especially Government departments develop information systems for their own specific needs, due to this Government departments invests a great deal in information systems development and implementation projects. The intention is to save on cost and develop information systems according to their needs and requirements. Unfortunately such projects are vulnerable and subject to a range of risks.  This case study identifies the risk factors involved in information systems development and implementation projects and the risk processes that are in place to mitigate against those risk factors. Furthermore the case study investigates an information systems development and implementation project where four legacy systems were to be merged into one newly developed system. The project was interrupted when an organisational merger resulted in the loss of key members of the governance board and the project team, either through redundancy or being allocated other responsibilities within the organisation. This exposed the project to unpredictable risk which caused the project to head down the path of possible failure.  The case study outlines the project plan, what actually happened and what according to the interviewed participants happened during the project. It is clear that the risk management processes wasn't followed and that wrongful decisions were made during the organisational merger. Unpredictable risks as a result of the merger and the decision to continue the project required a strong governance board, proper project management, proper risk management and the execution of the risk management processes. The lack of governance and project management had a huge impact on the project while the loss of expertise and knowledge added to the risk profile which resulted in further complications to the project. It’s during these situation that a strong governance board and proper project management is needed to make those critical decisions and steer the project towards success.</p>

scholarly journals The Planning and Implementation of Computer-based Games for Project Risk Management Education: A Preliminary Case Study

2013 ◽  
Vol 1 (1) ◽  
pp. 20
Author(s):  
David Baccarini ◽  
Jianhong Xia ◽  
G Caulfield
Keyword(s):  
Risk Management ◽  
Strong Support ◽  
Land Development ◽  
Educational Game ◽  
Project Risk Management ◽  
Design Development ◽  
Action Research Project ◽  
Project Risk ◽  
Risk Management Process ◽  
Computer Based

This paper reports the preliminary stages of an action research project for the design, development and assessment of a computer-based game for student learning about project risk management. A computer game was created through the use of systems dynamic software (Simsoft) incorporating a land development project. The game was played by final year undergraduate construction management students who had to make decisions in identifying, assessing and managing project risks. A survey of their experience found: that most students had not experienced this form of online educational game previously in their studies despite the ubiquity of information technology for learning purposes in the university sector; there was no strong support for the idea that the acquisition of knowledge was better compared to conventional learning through lectures and books; the computer-based experience was enjoyable thus indicating it drew them into the learning environment; and student testing found they had gained understanding of the project risk management process.

A Framework for Risk Management in AI System Development Projects

2019 ◽  
pp. 1-20
Author(s):  
Kitti Photikitti ◽  
Kitikorn Dowpiset ◽  
Jirapun Daengdej
Keyword(s):  
Artificial Intelligence ◽  
Risk Management ◽  
Project Management ◽  
Software Development ◽  
System Development ◽  
Systems Development ◽  
Development Projects ◽  
Software Project ◽  
Software Projects ◽  
Very High

It has been well-known that the chance of successfully delivering a software project within an allocated time and budget is very low. Most of the researches in this area have concluded that “user's requirements” of the systems is one of the most difficult risks to deal with in this case. Interestingly, until today, regardless of amount of effort put into this area, the possibility of project failure is still very high. The issue with requirement can be significantly increased when developing an artificial intelligence (AI) system, where one would like the systems to autonomously behave. This is because we are not only dealing with user's requirements, but we must also be able to deal with “system's behavior” that, in many cases, do not even exist during software development. This chapter discusses a preliminary work on a framework for risk management for AI systems development projects. The goal of this framework is to help project management in minimizing risk that can lead AI software projects to fail due to the inability to finish the projects on time and within budget.

RISK MANAGEMENT IN AGILE SYSTEMS DEVELOPMENT ALIGNED WITH THE BEST PRACTICES OF IT GOVERNANCE

2014 ◽  
Author(s):  
WELLINGTON SOUSA AGUIAR ◽  
MANUEL FERREIRA DA COSTA FILHO ◽  
OT�VIO FERNANDES FROTA ◽  
LEANDRO DE ARA�JO HERCULANO ◽  
JOS� M�RIO BEZERRIL FONTENELLE
Keyword(s):  
Risk Management ◽  
Best Practices ◽  
It Governance ◽  
Systems Development ◽  
Agile Systems Development
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