These days, as more and more CEOs, CIOs and managers are personally on the hook for losses their companies incur, they need a strategy that assures they understand and manage the risks associated with every decision they make. Managing risk is not just essential for better-informed decision making and strategic planning, but is also necessary for optimal utilization of corporate resources.
Software projects are risky .
There are always issues that are out of your control. Before you let it get out of hand, eliminate the root causes of bad risk at the get-go. Don't let today's risks become tomorrow's failure. Identifying and Managing IT Risk Factors Business risk management is a basic principle practiced by every successful corporation. However, few organizations use similar diligence to assess, manage, and control IT risks.