Posted by: Gilad Lev-Shamur | October 13, 2009

Recommended article : Risk management in the IT industry

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I want to recommended reading the article ”  The Rational Choice of not Applying Project Risk Management in Information Technology Projects ” written by Elmar Kutsch and Mark Hall,  Project Management Journal, Sep. 2009.

The article examines the usage of risk management process in the IT industries. His conclusions show that IT project managers have many excuses why not following a defined risk management process.

I am not an IT PM, but as I see it, these excuses (cost, time, lack of belief in the result of it…) exist in every industry.

I already wrote about the importance of the risk management activities, which might not solve any unexpected problem arise in our projects, but surly will minimize the risk.

Another result I can emphasize from that article is being ready for the change (Project’s unexpected: change as a way of life for today PM). I got several comments in a LinkedIn discussion about this post arguing that proper risk management process is the solution for every change.

Well, although it will minimize it, it will not prevent it. Additionally, as we see in the article results, although these processes are known, sometimes they are not followed or not done properly.

Do not get me wrong: this is not a call for abandon the risk management plans. This is just a reminder that in our world we should be ready for the change.


Good luck!



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