Conceptualising and responding to risk in IT projects

Brookfield, D., Fischbacher-Smith, D. , Mohd-Rahim, F. and Boussabaine, H. (2014) Conceptualising and responding to risk in IT projects. Risk Management, 16(3), pp. 195-230. (doi: 10.1057/rm.2014.10)

Abstract

An unresolved element of the debate concerning software implementation projects concerns the difficulty of theoretically linking a coherent risk construct to an empirical validation of the risk management process. We show how key risk management activities can be embedded within a carefully developed risk construct that offers both theoretical and practical content. We support our work using data from a large sample survey and evidence how risk can accumulate in a project; show which risk mitigation strategies are likely to be used in practice and over which risk areas of the risk construct; and report a new finding concerning the strategic responses to technical failure in projects.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Fischbacher-Smith, Professor Denis
• Authors: Brookfield, D., Fischbacher-Smith, D., Mohd-Rahim, F., and Boussabaine, H.
• College/School: College of Social Sciences > Adam Smith Business School > Management
• Journal Name: Risk Management
• Publisher: Palgrave Macmillan
• ISSN: 1460-3799
• ISSN (Online): 1743-4637