IDEAS home Printed from https://ideas.repec.org/a/wsi/ijitdm/v12y2013i06ns0219622013400117.html
   My bibliography  Save this article

Managing Dynamic Risks In Global It Projects: Agile Risk-Management Using The Principles Of Service-Oriented Architecture

Author

Listed:
  • O.-K. D. LEE

    (MS&IS Department, University of Massachusetts Boston, 100 Morrissey Blvd., Boston, Massachusetts 02125, USA)

  • D. V. BABY

    (MS&IS Department, University of Massachusetts Boston, 100 Morrissey Blvd., Boston, Massachusetts 02125, USA)

Abstract

Risk management in global information technology (IT) projects is becoming a critical area of concern for practitioners. Global IT projects usually span multiple locations involving various culturally diverse groups that use multiple standards and technologies. These multiplicities cause dynamic risks through interactions among internal (i.e., people, process, and technology) and external elements (i.e., business and natural environments) of global IT projects. This study proposes an agile risk-management framework for global IT project settings. By analyzing the dynamic interactions among multiplicities (e.g., multi-locations, multi-cultures, multi-groups, and multi-interests) embedded in the project elements, we identify the dynamic risks threatening the success of a global IT project. Adopting the principles of service-oriented architecture (SOA), we further propose a set of agile management strategies for mitigating the dynamic risks. The mitigation strategies are conceptually validated. The proposed framework will help practitioners understand the potential risks in their global IT projects and resolve their complex situations when certain types of dynamic risks arise.

Suggested Citation

  • O.-K. D. Lee & D. V. Baby, 2013. "Managing Dynamic Risks In Global It Projects: Agile Risk-Management Using The Principles Of Service-Oriented Architecture," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 12(06), pages 1121-1150.
    • Handle: RePEc:wsi:ijitdm:v:12:y:2013:i:06:n:s0219622013400117
    DOI: 10.1142/S0219622013400117
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219622013400117
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0219622013400117?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Arnold Picot & Ralf Reichwald & Rolf Wigand, 2008. "Information, Organization and Management," Springer Books, Springer, number 978-3-540-71395-1, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Valentin Nikolaenko & Anatoly Sidorov, 2023. "Analysis of 105 IT Project Risks," JRFM, MDPI, vol. 16(1), pages 1-20, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Erik G. Hansen & Ferdinand Revellio, 2020. "Circular value creation architectures: Make, ally, buy, or laissez‐faire," Journal of Industrial Ecology, Yale University, vol. 24(6), pages 1250-1273, December.
    2. Martin Jetter & Gerhard Satzger & Andreas Neus, 2009. "Technological Innovation and Its Impact on Business Model, Organization and Corporate Culture – IBM’s Transformation into a Globally Integrated, Service-Oriented Enterprise," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 1(1), pages 37-45, February.
    3. Nizar Abdelkafi & Sergiy Makhotin & Thorsten Posselt, 2013. "Business Model Innovations For Electric Mobility — What Can Be Learned From Existing Business Model Patterns?," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-41.
    4. Rolf T. Wigand, 2017. "Remembering Arnold Picot," Electronic Markets, Springer;IIM University of St. Gallen, vol. 27(4), pages 303-305, November.
    5. Jürgen Weibler & Tobias Keller, 2011. "Ambidextrie in Abhängigkeit von Führungsverantwortung und Marktwahrnehmung: Eine empirische Analyse des individuellen Arbeitsverhaltens in Unternehmen," Schmalenbach Journal of Business Research, Springer, vol. 63(2), pages 155-188, March.
    6. Marthe Uwamariya & Claudia Loebbecke & Stefan Cremer, 2019. "Mobile Banking Impacting the Performance of Microfinance Institutions: A Case Study from Rwanda," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-18, December.
    7. Arnold PICOT & Nico GROVE, 2010. "Closing gaps in the information society: providing high-speed broadband access to rural areas," Departmental Working Papers 2010-17, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    8. Peter Nijkamp, 2008. "Xxq Factors For Sustainable Urban Development: A Systems Economics View," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 2(1), pages 1-19, June.
    9. Lourdes Torres & Vicente Pina & Sonia Royo, 2005. "E-government and the transformation of public administrations in EU countries: Beyond NPM or just a second wave of reforms?," Documentos de Trabajo dt2005-01, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    10. Rolf Teubner, 2013. "Information Systems Strategy," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 5(4), pages 243-257, August.
    11. Blecker, Thorsten & Abdelkafi, Nizar & Kaluza, Bernd & Friedrich, Gerhard, 2003. "Variety Steering Concept for Mass Customization," MPRA Paper 5251, University Library of Munich, Germany.
    12. Lauri Wessel & Martin Gersch & Erik Harloff, 2017. "Talking Past Each Other," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 59(1), pages 23-40, February.
    13. Teubner, Rolf Alexander & Pellengahr, Alexander Robert, 2013. "State of and perspectives for IS strategy research: A discussion paper," ERCIS Working Papers 16, University of Münster, European Research Center for Information Systems (ERCIS).
    14. Michael Bentlage & Alain Thierstein & Stefan Lüthi, 2011. "Intra firm and extra firm networks in the German knowledge economy. Economic development of German agglomerations from a relational perspective," ERSA conference papers ersa11p998, European Regional Science Association.
    15. Kranz, Johann & Picot, Arnold & Roemer, Benedikt, 2011. "Unlocking the potential of the smart metering technology: How can regulation level the playing-field for new services in smart grids?," 22nd European Regional ITS Conference, Budapest 2011: Innovative ICT Applications - Emerging Regulatory, Economic and Policy Issues 52183, International Telecommunications Society (ITS).
    16. Mueller, Julia, 2014. "A specific knowledge culture: Cultural antecedents for knowledge sharing between project teams," European Management Journal, Elsevier, vol. 32(2), pages 190-202.
    17. Dobhan, Alexander & Oberlaender, Michael, 2013. "Hybrid contracting within multi-location networks," International Journal of Production Economics, Elsevier, vol. 143(2), pages 612-619.
    18. Silva Roncelli Vaupot & Tanja Rajkovic & Geni Arh, 2011. "Towards a Communication Model for a Virtual Organization," MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    19. Francesco Caputo & Manlio Del Giudice & Federica Evangelista & Giuseppe Russo, 2016. "Corporate disclosure and intellectual capital: the light side of information asymmetry," International Journal of Managerial and Financial Accounting, Inderscience Enterprises Ltd, vol. 8(1), pages 75-96.
    20. Stefan Luethi & Alain Thierstein & Michael Bentlage, 2011. "Interlocking firm networks in the German knowledge economy. On local networks and global connectivity," ERSA conference papers ersa10p120, European Regional Science Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ijitdm:v:12:y:2013:i:06:n:s0219622013400117. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijitdm/ijitdm.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.