We are uniquely placed to see the common pitfalls affecting the IT and software development projects that our tool has performed risk assessments for.
A total of 31 risk assessments have been performed since Thursday, 23 January 2020.
The risk ratings given in the assessments were distributed as follows.
The following risks were found to be most prevalent across all assessments.
|Reputational damage if the system does not work correctly||Reputational Risk||58%|
|External components or systems need to be ready||External Dependencies / 3rd Parties||54%|
|Changes to business operations or structure||Business Readiness||54%|
|Issues experienced with the project||Delivery Management||51%|
|Multiple stakeholders have a say over project decisions||Stakeholder Management||45%|
|Project progress and benefits realisation are unclear||Programme Management||45%|
|Project budget is large compared to typical IT spend||Programme Management||41%|
|Project budget may be insufficient for the planned work||Programme Management||38%|
|The project has been previously attempted but unsuccessfully||Delivery Management||35%|
|Staff turnover in project management responsibilities||Delivery Management||32%|