Authors: Shan Liu, Jinlong Zhang
Addresses: School of Management, Huazhong University of Science and Technology, Wuhan 430074, China. ' School of Management, Huazhong University of Science and Technology, Wuhan 430074, China
Abstract: A key step of IT project risk management is risk assessment. Risk assessment methods rely on the problem and object to be addressed. This study introduces the process of IT project risk assessment and reviews applications of IT project risk assessment methods. Furthermore, we analyse and compare 20 methods for assessing risk in IT project. Finally, this study proposes a target-process-oriented framework for classifying IT project risk assessment methods. Differences of IT project risk assessment methods are also analysed.
Keywords: information technology; IT projects; project risk management; assessment methods; target-process-oriented framework; literature review.
International Journal of Services, Economics and Management, 2010 Vol.2 No.1, pp.46 - 58
Published online: 02 Dec 2009 *Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article