Risk Assessment Insights

Risk Assessment Insights

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 2 risk assessments have been performed since Sunday, 10 November 2019.

The risk ratings given in the assessments were distributed as follows.

The following risks were found to be most prevalent across all assessments.

Risk Factor Category Prevalence
Fixed delivery date and fixed budget with no contingency Delivery Management 100%
Reputational damage if the system does not work correctly Reputational Risk 100%
Multiple suppliers involved in delivering the project Procurement & Supplier Management 100%
External components or systems need to be ready External Dependencies / 3rd Parties 100%
Issues experienced with the project Delivery Management 100%
Project sponsor / commissioner is missing Stakeholder Management 100%
Changes to business operations or structure Business Readiness 100%
Project budget may be insufficient for the planned work Programme Management 100%
Project progress and benefits realisation are unclear Programme Management 50%
Political work environment that values consensus building over decision making Organisational Culture 0%