ISBN: 978-981-09-5471-0 DOI: 10.18178/wcse.2015.04.052
Increasing Flexibility of Risk Management in it Projects with Isorisk Curves and Risk Mapping
Abstract— The article deals with problem of prioritizing IT project risks. The widely used tool of
risk prioritization is so called risk matrix which sometimes called also as probability and impact
matrix. This matrix includes two dimensions – probability of risks and impact of risks on a project.
In many situations the more flexible approach can be applied with the help of the risk maps that are
describe in the text below. The risk maps seem to be especially useful for IT projects which are
characterized by the big number of various risks and very dynamic environments.
Index Terms— Risk management, risk prioritizing, risk matrix, risk maps, IT project risks, isorisk curve.
G. Bubnov, S. Titov
Moscow Technological Institute, RUSSIA
Moscow State Civil Engineering University, RUSSIA
Moscow State University for Economics, Statistics and Informatics, RUSSIA
Cite: G. Bubnov, B. Titarenko, S. Titov, R. Titarenko, "Increasing Flexibility of Risk Management in it Projects with Isorisk Curves and Risk Mapping," 2015 The 5th International Workshop on Computer Science and Engineering-Information Processing and Control Engineering (WCSE 2015-IPCE), pp. 314-317, Moscow, Russia, April 15-17, 2015.