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Integration of Risk Management Processes into the Business of IT Companies

Author

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  • Stoicho Stoev

    (University of Economics - Varna)

Abstract

Risk management should be part of any software development project and the integration of its management processes into the IT business. This leads to successful software development and improvement of the organizational activity of the IT company. In the area of risk management, we define two main levels: strategic and operational. Different processes are differentiated depending on their application in the design, implementation and maintenance stages of software products. It presents the attitude of the individual processes in risk management in the field of IT companies.

Suggested Citation

  • Stoicho Stoev, 2017. "Integration of Risk Management Processes into the Business of IT Companies," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, issue 2, pages 225-233, November.
    • Handle: RePEc:vra:journl:y:2017:i:2:p:225-233
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    File URL: http://www.su-varna.org/izdanij/2017/ikonomika-017-2/225-233.pdf
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    Citations

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    Cited by:

    1. Svetoslav Ivanov & Pavel Petrov, 2020. "Business scenarios for interaction in the development of the software system in a start-up software company," Economics and computer science, Publishing house "Knowledge and business" Varna, issue 2, pages 27-37.
    2. Pavel Petrov & Shabnamjit Hundal, 2018. "Application of Security Technologies in the Public Websites of Banks in Serbia," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 7(2), pages 298-305, November.

    More about this item

    Keywords

    IT risk; Information systems; Software risk; Management of risk;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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