Representing IT Projects Risk Management Best Practices as a Metamodel
Abstract
Although still relatively new, the field of IT Governance has its own bodies of knowledge that include various methodologies, frameworks and techniques supported by an increasing growing base of research. IT Project Risk Management has since emerged as its own field. Many frameworks and methodologies were proposed by both practitioners and researchers. A review of the literature about the subject shows that there is a divergence between the two. The practitioners propose a set of good practices from professional environment but the heaviness of the proposed guides does not allow its application and adoption by managers or it’s improvement by researchers. Thus it calls for specific focus on IT governance frameworks best practices modelling in order to reach fusion between practitioners and researchers contributions. In this paper, special attention is dedicated to Project Management Institute’s guides. The main objective is representing IT Project Risk Management best practices as a Metamodel in order to complement different areas of knowledge.
Keywords:
project management, risk management, PMBOK, Prince2Downloads
References
A. Amaral, M. Araujo, “Project portfolio management phases: A technique for strategy alignment”, World academy of science, Engeneering and Technology, Vol. 3, No. 10, pp. 1919-1927, 2009
M. Hurt, J. L. Thomas. “Building value through sustainable project management offices,” Project Management Journal, Vol. 40, No. 1, pp. 55-72, 2009 DOI: https://doi.org/10.1002/pmj.20095
The Standish Group International Inc., CHAOS Summary 2009: the 10 laws of Chaos, 2009
V. Anantatmula, P. Rad, “Linkages among project management maturity, PMO, and project sucess”, Engineering, Technology and Innovation (ICE) & IEEE International Technology Management Conference, pp. 1-12, 2013 DOI: https://doi.org/10.1109/ITMC.2013.7352602
U. Iqbal Janjua, J. Jaafar, I. B. A. Aziz, “Integration of Supportive processes with elementary Processes for making current practices of software Project Risk Management more effective”, International symposium on Mathematical Sciences and Computing Research, pp. 292-297, 2015 DOI: https://doi.org/10.1109/ISMSC.2015.7594068
L. Bai, F. Li, “The Model of Project Risk Assessment Based on BP Neural network Algorithm”, 3rd International Conference On Computer Science And Network Technology, pp. 326-329, 2013 DOI: https://doi.org/10.1109/ICCSNT.2013.6967122
C. Fang, F. Marle, M. Xie, “Applying Importance Measures to Risk Analysis in Engineering Project Using a Risk Network Model”, IEEE Systems Journal,Vol. 11, No. 3, pp. 1548-1556, 2016 DOI: https://doi.org/10.1109/JSYST.2016.2536701
G. Jiang, Y. Fu, “A Two-phase Method based on Markov and TOPSIS for Evaluating Project Risk Management Strategies”, 27th Chinese Conference on Control and Decision, pp. 1994-1998, 2015 DOI: https://doi.org/10.1109/CCDC.2015.7162248
Y. S. Kim, T. Murata, “Global, Project Risk Management in Manufacturing Environment”, 15th IIAI International Congress on Advanced Applied Informatics, pp. 1016-1021, 2016 DOI: https://doi.org/10.1109/IIAI-AAI.2016.160
G. H. Zhang, W. J. Tang, M. J. Liao, “Project Risk Management Analysis Model Based on AHP: A Case of Hangqian Freeway Project”, 8th International Conference on Intelligent Computation Tecnology and Automation, pp. 663-666, 2015 DOI: https://doi.org/10.1109/ICICTA.2015.168
J. Dhlamini, I. Nhamu, A. Kachepa, “Intelligent risk management tools for software development”, Annual Conference Of The Southern African Computer Lecturers' Association, pp. 33-40, 2009 DOI: https://doi.org/10.1145/1562741.1562745
C. Lopez, J. L. Salmeron, “Risks response Strategies for supporting Practitionners Decision-Making in Software Projects”, Procedia Technology, Vol. 12, pp. 437-444, 2012 DOI: https://doi.org/10.1016/j.protcy.2012.09.048
Object Management Group, OMG Unified Modeling Language Infrastructure, 2010
S. J. Mellor, K. Scott, A. Uhl, D. Weise,“Model-Driven Architecture”, Advances in Object-Oriented Information Systems, Lecture Notes in Computer Science, pp. 290-297, 2002 DOI: https://doi.org/10.1007/3-540-46105-1_33
S. Cranefield, “Networked Knowledge Representation and Exchange using UML and RDF”, Journal of Digital Information, Vol. 1, No. 8, 2001
M. Lankhorst, Enterprise Architecture at Work: Modelling, Communication and Analysis, Springer–Verlag Berlin Heidelberg, 2009
F. Bergenti, A. Poggi, “ Exploiting UML in the design of multi-agent systems”, Engineering Societies in the Agents World, Springer–Verlag Berlin Heidelberg, pp. 106-113, 2000 DOI: https://doi.org/10.1007/3-540-44539-0_8
A. u. Rehman, R. Hussain, “Software Project Management Methodologies/Frameworks Dynamics 'Acomparative Approach'”, International Conference on Information and Emerging Technologies, Karachi, pp. 1-5, 2007 DOI: https://doi.org/10.1109/ICIET.2007.4381330
E. S. Dunne, Project Risk Management: Devloping a risk framework for translation projects, PhD Thesis, Kent State University, 2013
W. Duncan, A guide to the project management body of knowledge, Project Management Institute, USA, 1996
K. Schwalbe, Information Technology Project Management, Course Technology, 2002
Downloads
How to Cite
License
Authors who publish with this journal agree to the following terms:
- Authors retain the copyright and grant the journal the right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) after its publication in ETASR with an acknowledgement of its initial publication in this journal.
