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IT Project risk management in the financial sector: an exploratory study

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dc.contributor.author Mbokane, Stuart Ezrom
dc.date.accessioned 2008-06-12T11:01:21Z
dc.date.available 2008-06-12T11:01:21Z
dc.date.issued 2008-06-12T11:01:21Z
dc.date.submitted November 2005
dc.identifier.uri http://hdl.handle.net/10210/617
dc.description.abstract This study investigates project risk management in information technology (IT) environment. The intention is to identify factors that will improve project success in the financial sector. To understand IT project success, project risk management in the financial sector is investigated. All projects have risks associated with them. Many IT projects fail because of uncertainty. In most projects, project risk management is seen as the add-on in the project management processes. This means that it is not been given full attention or being regarded as an important factor in project management. The lack of proper project risk management contributes to the failure of IT projects according to the findings of this study. To successfully implement the risk management plans, guidelines need to be in place. To bring the guidelines closer to the hearts of IT project managers, a detailed step-by-step guide was followed by this study. The study also points out the many benefits both the client and the project manager can achieve by virtually using project risk management processes. Qualitative and quantitative analysis will be done to help achieve the best benefits and clear understanding that will prevent project failures in IT. Project risk analysis and management has so many benefits if used correctly. Both the financial sector and their customers reap great benefits. Senior management in particular will not run the risk of sponsoring failing projects. Prevention is often the least costly and most reliable strategy for dealing with risk, particularly in situation where the impact is high. en
dc.description.sponsorship Professor N. Lessing en
dc.language.iso en en
dc.subject Risk management en
dc.title IT Project risk management in the financial sector: an exploratory study en
dc.type Mini-Dissertation en

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