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Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Integrated Approach to Risk Management for Custom Software Development and Maintenance Initiatives

Integrated Approach to Risk Management for Custom Software Development and Maintenance Initiatives
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Author(s): N. Dayasindhu (Infosys Technologies Limited, India), Sriram Padmanabhan (Infosys Technologies Limited, UK) and Jamuna Ravi (Infosys Technologies Limited, India)
Copyright: 2006
Pages: 3
Source title: Emerging Trends and Challenges in Information Technology Management
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-019-6.ch215
ISBN13: 9781616921286
EISBN13: 9781466665361

Abstract

The proposed integrated approach to risk management explores the limitation of a risk management approach that focuses only on project implementation risks. The integrated approach not only manages project risks but also program risks. Case studies illustrate how the integrated approach to risk management has been used in software development initiatives. The main inference from the integrated model is that senior management needs to empower project managers to have a holistic perspective of risk and its management.

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