Article ID Journal Published Year Pages File Type
276640 International Journal of Project Management 2012 14 Pages PDF
Abstract

The central question of this research is if, and how, risk management contributes to the success of IS/IT projects. Risk management is used regularly in IT projects, despite indications in literature that risk management only occasionally contributes to IT project success. Drawing on Habermas we distinguish between instrumental and communicative effects of risk management. Stakeholders from seven ERP implementation projects indicate that in addition to the instrumental effects of risk management, being direct risk mitigating actions by stakeholders, individual risk management activities are able to generate communicative effects. Communicative effects create a commonly shared definition of the situation by influencing stakeholders' perceptions and expectations and by defining the inter-stakeholder project relations. These effects contribute to the effectiveness of instrumental action, and consequently to project success. Stakeholders consider risk identification to be the most influential risk management activity, both in number and in strength of the effects.

► We investigate if and how risk management influences IT project success. ► Stakeholders use risk management to synchronise their perceptions and expectations. ► These effects contribute to the effectiveness of actions, consequently to success. ► Individual risk management activities are able to influence IT project success.

Related Topics
Physical Sciences and Engineering Engineering Civil and Structural Engineering
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