A dynamic software risk assessment model is presented. Analogies between dynamic financial analysis and software risk assessment models are established and based on these analogies it suggested that dynamic risk model for software projects is the way to move forward for the risk assessment of software project. It is shown how software risk assessment change during different phases of a software...

Given the importance of IT investments in today’s organization, firms tend to spend increasing amounts of time and resources to better manage IT projects. However these projects continue to have high failure rates thus highlighting the need for improved risk management. A stream of IS research has focused on identifying several causes of managerial risks. The theory base that has been used in t...

For a licence to be issued, the Regulator must be satisfied that the release will not pose any risks to human health and safety or the environment that cannot be managed. To this end, Section 51 of the Act requires the Regulator to prepare a risk assessment and risk management plan (RARMP) for each licence application, in consultation with a wide range of expert groups and stakeholders includin...

A risk-metric framework that supports Enterprise Risk Management is described. At the heart of the framework is the notion of a risk profile that provides risk measurement for risk elements. By providing a generic template in which metrics can be codified in terms of metric space operators, risk profiles can be used to construct a variety of risk measures for different business contexts. These ...

Every manufacturing organization faces undesirable and unwanted setback in its day to day operations. These are referred to as operational disturbances in this research. The disturbances put an organization at production, economic and occupational risks. To deal with these risks, an organization needs to implement an appropriate risk management process, which is what this paper aims for. In thi...

Purpose – The purpose of this paper is to review published approaches to supply chain risk management, to include identification and classification of types of risks, cases, and models. Specific aspects of risk in supply chains involving China are also addressed. Design/methodology/approach – Literature review provides sources which are synthesized. Findings – A generic framework is identified,...

A dynamic software risk assessment model is presented. Analogies between dynamic financial analysis and software risk assessment models are established and based on these analogies it suggested that dynamic risk model for software projects is the way to move forward for the risk assessment of software project. It is shown how software risk assessment change during different phases of a software...

Risk management that is one of the knowledge areas of software project management process, has a direct impact on the success of the Project. the success of the project can be estimated in the project first phase by creating a predictive risk model with the risks and results in similar projects. For this purpose, the studies on risk estimation and risk evaluation have started to show increase i...