The purpose of this document is to outline the strategy and plan to facilitate the implementation of risk management within IT projects.
State-of-the-art in risk management for IT projects is reflected in the work carried out by the Software Engineering Institute (SEI) at Carnegie Mellon University. The SEI has put in place a risk program that has its mission to improve the management of risk in programs involving software-intensive systems. Some of the benefits resulting from implementing risk management include:
- Preventing problems before they occur;
- Improving product quality;
- Enabling better use of resources; and
- Promoting teamwork