Development of the comprehensive method to manage risks in projects related to information technologies

Authors

DOI:

https://doi.org/10.15587/1729-4061.2018.128140

Keywords:

comprehensive method, risk management, Bayesian networks, probability, expert methods, IT project

Abstract

A comprehensive method of project risk management is proposed for the field of information technologies based on the combined application of intelligent and expert methods under unstable conditions and constraints for financial and time resources. The method makes it possible to support making a decision based on the formalized technique of identification and estimation of risks, as well as the choice of the initial set of measures to avoid a risk event. This method was investigated based on the universal academic example of a project in the field of information technologies. The result of application of the comprehensive method of risk management is an improvement in the efficiency of an IT project by reducing losses in the project and overspending of financial resources.

Risk model of an IT project based on the Bayesian network is developed, which is the base of the comprehensive method. A risk model of an IT project based on the Bayesian networks makes it possible to study different scenarios of risk occurrence by the simultaneous consideration of different factors in the external environment and internal state in the IT project, as well as their casual relations. The proposed model will make it possible to represent and estimate a risk probability for all possible scenarios and, accordingly, to develop effective measures for risk elimination.

The proposed structure of the Bayesian network of an IT project risk could become a basis for the information technology of risk management in an IT project and an appropriate decision-making support system.

Author Biographies

Tatiana Prokopenko, Cherkasy state technological university Shevchenka ave., 460, Cherkasy, Ukraine, 18006

Doctor of Technical Sciences, Associate Professor

Department of information technology design

 

Oleg Grigor, Cherkasy state technological university Shevchenka ave., 460, Cherkasy, Ukraine, 18006

PhD, Associate Professor

Department of Economics and Entrepreneurship

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Published

2018-04-10

How to Cite

Prokopenko, T., & Grigor, O. (2018). Development of the comprehensive method to manage risks in projects related to information technologies. Eastern-European Journal of Enterprise Technologies, 2(3 (92), 37–43. https://doi.org/10.15587/1729-4061.2018.128140

Issue

Vol. 2 No. 3 (92) (2018): Control processes

Section

Control processes

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Copyright (c) 2018 Tatiana Prokopenko, Oleg Grigor

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