Research Article
Risk management in large-scale information system projects
@ARTICLE{10.4108/eetsis.4608, author={Diego Armando Castillo-\`{O}opo and Khateryn Fiorela Loyola-Blanco and Raul Castro-Marca and Gian Davor La Rosa-Gavino and Jherson Giovanny Arag\^{o}n-Retuerto and Hegel Alvaro Rafael-Sifuentes and William Joel Mar\^{\i}n Rodriguez}, title={Risk management in large-scale information system projects}, journal={EAI Endorsed Transactions on Scalable Information Systems}, volume={11}, number={4}, publisher={EAI}, journal_a={SIS}, year={2024}, month={3}, keywords={artificial intelligence, blockchain, process automation, paradigm shift, systems integration}, doi={10.4108/eetsis.4608} }
- Diego Armando Castillo-Ñopo
Khateryn Fiorela Loyola-Blanco
Raul Castro-Marca
Gian Davor La Rosa-Gavino
Jherson Giovanny Aragón-Retuerto
Hegel Alvaro Rafael-Sifuentes
William Joel Marín Rodriguez
Year: 2024
Risk management in large-scale information system projects
SIS
EAI
DOI: 10.4108/eetsis.4608
Abstract
This article deals with project management in information systems, whose relevance lies in the vital importance of these systems in modern companies. Information systems are essential for decision making and data management in today's interconnected world. Project management, on the other hand, coordinates elements such as scope, resources, costs, schedules and risks to achieve defined objectives. The systems development life cycle (SDLC) structures the process, encompassing phases such as scope definition, planning, execution, monitoring and closure. These phases are integrated with risk management, which identifies, evaluates and mitigates threats and opportunities. Mitigation strategies act before adversity, while contingency planning prepares for the unforeseen. That is why risk management is integrated throughout the project life cycle to anticipate and address challenges. The combination of both aspects is critical in a constantly evolving technology environment. In addition, organizational culture and communication play a critical role. A culture of awareness and accountability, transparency in communication and active stakeholder participation are essential. Training and continuous adaptation allow learning from past experiences and improving practices.
Copyright © 2024 Castillo-Ñopo et al., licensed to EAI. This is an open access article distributed under the terms of the CC BY-NCSA 4.0, which permits copying, redistributing, remixing, transformation, and building upon the material in any medium so long as the original work is properly cited.