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 20 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.
|Changes to business operations or structure||Business Readiness||55%|
|Reputational damage if the system does not work correctly||Reputational Risk||50%|
|External components or systems need to be ready||External Dependencies / 3rd Parties||45%|
|Issues experienced with the project||Delivery Management||35%|
|Multiple stakeholders have a say over project decisions||Stakeholder Management||35%|
|Project progress and benefits realisation are unclear||Programme Management||35%|
|Project budget is large compared to typical IT spend||Programme Management||30%|
|Global rollout planned across different countries||Deployment and Post "go-live"||30%|
|Major political, government or regulatory changes||Industry & Business Landscape||30%|
|The project has been previously attempted but unsuccessfully||Delivery Management||25%|