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Relationships Between Risks in an IT Project Development Portfolio

Authors:
Rob Kusters
Jort Postema
Jos Trienekens

Keywords: portfolio project management; risk management; risk relationships

Abstract:
More and more it is seen that IT (Information Technology) projects are managed as a whole as part of a IT project portfolio. As one of the arguments for doing so, risk management at the portfolio level was identified as one of the advantages that could benefit from this. This was based on the notion that risks are not independent from each other and that an understanding of relationships between risks should support portfolio management. Given this origin it is somewhat surprising that the notion of relationships between risks does not play a part in IT portfolio literature. This prompted this research project aimed at investigating the existence and relevance of risk relationships in practice. A series of interviews with experienced IT project portfolio managers confirms both the existence and relevance of the risk relationships providing a basis for further research

Pages: 94 to 99

Copyright: Copyright (c) IARIA, 2013

Publication date: October 27, 2013

Published in: conference

ISSN: 2308-4235

ISBN: 978-1-61208-304-9

Location: Venice, Italy

Dates: from October 27, 2013 to October 31, 2013