| Expectations of Information Technology (IT) have increased significantly during the past fifty years. While incredible improvements in technology have been achieved, some spending is invariably wasted as a result of missed cost or time estimates or a failure to produce systems with the desired functionality. As expectations have mushroomed, the scope and impact of IT project failure has broadened.; Practitioners and academia alike have devoted significant attention to the prevention of IT project failure. Project management tools and risk management methods have become widely developed and distributed. Researchers have produced an abundance of useful guidance in the identification of potential risks inherent in IT project management. In spite of these efforts, the problem of failed IT projects and the need to adequately identify and address risk does not appear to be waning.; The purpose of this research is to advance knowledge of IT projects in the area of project risk attributes such as scope, schedule and resources. A fundamental element of this research is the introduction of the proposed risk detection model and the use of an IT project assessment instrument. This research endeavors to extend risk identification to its next logical step, risk assessment and detection. It is hoped this will be accomplished by developing an instrument that is useful in assessing the continuing risks encountered during the execution of IT projects. |
