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RM3: A Risk Management Framework For IT Project Success

Published: 20 December 2021 Publication History

Abstract

Risk Management (RM) is critical for projects’ success as it can predict undesirable events that may occur. Nevertheless, RM is lacking in industry, especially for projects in the IT sector. For this purpose, our study introduces RM3, a new framework for analyzing and measuring risks to compensate for known and unknown factors affecting the path to the projects’ success. RM3 comprises three primary processes: project complexity analysis, risk analysis, and risk monitoring and control. Based on a robust action-research study, we demonstrate RM3’s feasibility and effectiveness through an actual project within an IT company.

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Presentation slides (p200-de-andrade-supplement.pptx)

References

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cover image ACM Other conferences
CSSE '21: Proceedings of the 4th International Conference on Computer Science and Software Engineering
October 2021
366 pages
ISBN:9781450390675
DOI:10.1145/3494885
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 20 December 2021

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Author Tags

  1. Agile
  2. Best Practices
  3. Project Management
  4. Risk Management
  5. Software Engineering

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CSSE 2021

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Overall Acceptance Rate 33 of 74 submissions, 45%

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