Relationships Between Risks in an IT Project Development Portfolio

R.J. Kusters, J.J. Postema, J.J.M. Trienekens

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

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Abstract

More and more it is seen that IT (Information Technology) projects are managed as a whole as part of a IT project portfolio. As one of the arguments for doing so, risk management at the portfolio level was identified as one of the advantages that could benefit from this. This was based on the notion that risks are not independent from each other and that an understanding of relationships between risks should support portfolio management. Given this origin it is somewhat surprising that the notion of relationships between risks does not play a part in IT portfolio literature. This prompted this research project aimed at investigating the existence and relevance of risk relationships in practice. A series of interviews with experienced IT project portfolio managers confirms both the existence and relevance of the risk relationships providing a basis for further research.
Original languageEnglish
Title of host publicationProceedings of the Eighth International Conference on Software Engineering Advances, ICSEA 2013, 27-31 October 2013, Venice, Italy
EditorsL. Lavazza, R. Oberhauser, A. Martin, J. Hassine, M. Gebhart, M. Jäntti
PublisherInternational Academy, Research and Industry Association (IARIA XPS Press)
Pages94-99
ISBN (Print)978-1-61208-304-9
Publication statusPublished - 2013
EventEighth International Conference on Software Engineering Advances (ICSEA 2013), October 27 - November 1, 2013, Venice, Italy - Venice, Italy
Duration: 27 Oct 201331 Oct 2013
http://www.iaria.org/conferences2013/ICSEA13.html

Conference

ConferenceEighth International Conference on Software Engineering Advances (ICSEA 2013), October 27 - November 1, 2013, Venice, Italy
Abbreviated titleICSEA 2013
CountryItaly
CityVenice
Period27/10/1331/10/13
Internet address

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Project development
Project portfolio
Portfolio management
Risk management
Managers

Cite this

Kusters, R. J., Postema, J. J., & Trienekens, J. J. M. (2013). Relationships Between Risks in an IT Project Development Portfolio. In L. Lavazza, R. Oberhauser, A. Martin, J. Hassine, M. Gebhart, & M. Jäntti (Eds.), Proceedings of the Eighth International Conference on Software Engineering Advances, ICSEA 2013, 27-31 October 2013, Venice, Italy (pp. 94-99). International Academy, Research and Industry Association (IARIA XPS Press).
Kusters, R.J. ; Postema, J.J. ; Trienekens, J.J.M. / Relationships Between Risks in an IT Project Development Portfolio. Proceedings of the Eighth International Conference on Software Engineering Advances, ICSEA 2013, 27-31 October 2013, Venice, Italy. editor / L. Lavazza ; R. Oberhauser ; A. Martin ; J. Hassine ; M. Gebhart ; M. Jäntti. International Academy, Research and Industry Association (IARIA XPS Press), 2013. pp. 94-99
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abstract = "More and more it is seen that IT (Information Technology) projects are managed as a whole as part of a IT project portfolio. As one of the arguments for doing so, risk management at the portfolio level was identified as one of the advantages that could benefit from this. This was based on the notion that risks are not independent from each other and that an understanding of relationships between risks should support portfolio management. Given this origin it is somewhat surprising that the notion of relationships between risks does not play a part in IT portfolio literature. This prompted this research project aimed at investigating the existence and relevance of risk relationships in practice. A series of interviews with experienced IT project portfolio managers confirms both the existence and relevance of the risk relationships providing a basis for further research.",
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Kusters, RJ, Postema, JJ & Trienekens, JJM 2013, Relationships Between Risks in an IT Project Development Portfolio. in L Lavazza, R Oberhauser, A Martin, J Hassine, M Gebhart & M Jäntti (eds), Proceedings of the Eighth International Conference on Software Engineering Advances, ICSEA 2013, 27-31 October 2013, Venice, Italy. International Academy, Research and Industry Association (IARIA XPS Press), pp. 94-99, Eighth International Conference on Software Engineering Advances (ICSEA 2013), October 27 - November 1, 2013, Venice, Italy, Venice, Italy, 27/10/13.

Relationships Between Risks in an IT Project Development Portfolio. / Kusters, R.J.; Postema, J.J.; Trienekens, J.J.M.

Proceedings of the Eighth International Conference on Software Engineering Advances, ICSEA 2013, 27-31 October 2013, Venice, Italy. ed. / L. Lavazza; R. Oberhauser; A. Martin; J. Hassine; M. Gebhart; M. Jäntti. International Academy, Research and Industry Association (IARIA XPS Press), 2013. p. 94-99.

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

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AB - More and more it is seen that IT (Information Technology) projects are managed as a whole as part of a IT project portfolio. As one of the arguments for doing so, risk management at the portfolio level was identified as one of the advantages that could benefit from this. This was based on the notion that risks are not independent from each other and that an understanding of relationships between risks should support portfolio management. Given this origin it is somewhat surprising that the notion of relationships between risks does not play a part in IT portfolio literature. This prompted this research project aimed at investigating the existence and relevance of risk relationships in practice. A series of interviews with experienced IT project portfolio managers confirms both the existence and relevance of the risk relationships providing a basis for further research.

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Kusters RJ, Postema JJ, Trienekens JJM. Relationships Between Risks in an IT Project Development Portfolio. In Lavazza L, Oberhauser R, Martin A, Hassine J, Gebhart M, Jäntti M, editors, Proceedings of the Eighth International Conference on Software Engineering Advances, ICSEA 2013, 27-31 October 2013, Venice, Italy. International Academy, Research and Industry Association (IARIA XPS Press). 2013. p. 94-99