Key risk factors in IT projects managed with the use of agile methods

Trzeciak, Mateusz

doi:10.29119/1641-3466.2020.145.39

Cited by 4 publications

(11 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Risk recognition consists of identifying potential threats or opportunities (risk factors) that may negatively or positively affect the implementation of the project (Moran 2014). Unlike the traditional (cascading) approach, agile methods treat risk as a natural element, although, in the literature on the subject, there is a critical approach to treating risk management used as a different process-with excess, agile methods directly focused on project management (e.g., AgilePM) draw attention to the importance of this process, which is also confirmed by research in this area (Trzeciak 2020). The Identified risk factors that occur during project planning have been shown in Figure 1.…”

Section: Identification Of Risk Factorsmentioning

confidence: 85%

Section: Literature Reviewmentioning

confidence: 99%

“…The agile approach to project management largely comes down to the human factor, placing particular emphasis on communication (Malik et al 2021), engagement (Koch and Schermuly 2020), collaboration (Batra et al 2017), or proactivity of stakeholders closely linked to project implementation (Trzeciak 2020). Key success factors for IT projects, presented in reports that refer both to the state of the IT industry and to agile methods, emphasize the increasing influence of the project team or the individuals involved in the project, on shaping the level of project risk (Trzeciak 2020). Moreover, it is increasingly emphasized that project success in contemporary reasoning should not only take into account the efficiency dimension, the business impact on the organization and on the customer (benefits), but also new perspectives for all stakeholder groups, directly related to the adequate achievement of their desired level of satisfaction, perceived from the of 20 perspective of organizational, personal, and technical project implementation (Khalifeh et al 2019;Mughal et al 2019;Trzeciak 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

“…An analysis of the literature on IT project management methods, implemented in an agile approach to project management, indicates that there is an existing paucity of methodical approaches to risk management. Furthermore, most of the factors influencing success are often due to overlooking the human aspects (Trzeciak 2020). The research undertaken in this paper aims to fill an identified gap in the paucity of the presence of a model approach to risk management in an agile project management approach that takes into account stakeholders closely involved in project delivery.…”

Section: Literature Reviewmentioning

confidence: 99%

“…The changes in project management approaches observed today (Garwood and Poole 2018;Bredillet et al 2018;Cakmakci 2019), especially in the IT industry (Shafiq et al 2018;Bergmann and Karwowski 2018;Bogdanova et al 2020), are caused by operating in an environment often characterized by high levels of volatility and adaptation to market requirements (Appelo 2011;Fioravanti et al 2018). In such an environment (Williams 2005;Kaim et al 2019), conventional (traditional) project management methods may be inadequate and disadvantageous for uncertain and structurally complex projects (Rasnacis and Berzisa 2017;Trzeciak 2020;Zavyalova et al 2020). As a result of these changes, new trends in project management are taking shape, emerging from the criticism of the traditional approach.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

Sustainable Risk Management in IT Enterprises

Trzeciak

2021

Risks

Self Cite

View full text Add to dashboard Cite

A synthesis of literature studies covering the determinants of agile project management methods, risk management processes as well as factors influencing the shaping of project success and failure clearly indicates that in most publications on risk in agile managed projects, the human factor is heavily underestimated at the expense of often excessive favoring of procedures. Meanwhile, after analyzing the risk factors that arise in agile-managed IT projects, it became apparent that in addition to aspects such as technology, hardware, system, or even project schedule and cost, the project team is highlighted, which is also the second concept with the GPM P5 Standard for Sustainability in Project Management. Thus, the purpose of this article is to develop a model for risk management in IT projects. As a result of the empirical research carried out by means of an expert interview (108 experts) and a questionnaire survey (123 respondents), a risk management model was developed and six original risk management areas were identified, describing 73.92% of all risk factors that may occur during the implementation of an IT project. Furthermore, empirical studies confirm that basic processes such as risk factor identification, impact assessment, and key risk factor management are used by managers and/or team leaders during the implementation of IT projects.

show abstract

Section: Identification Of Risk Factorsmentioning

confidence: 85%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Sustainable Risk Management in IT Enterprises

Trzeciak

2021

Risks

Self Cite

View full text Add to dashboard Cite

show abstract

Motivators Influencing the Efficiency and Commitment of Employees of Agile Teams

Trzeciak

Banasik²

2022

Journal of Open Innovation: Technology, Market, and Complexity

Self Cite

View full text Add to dashboard Cite

The production of new IT products and services in today’s dynamic world of business and ever-evolving technology requires specific enterprise policies geared toward supporting innovation. Striving to provide the customer with the required value that meets the customer’s current requirements is becoming quite a challenge for IT enterprises at this time. Moreover, innovative ideas are not created in “rigid” authoritarian-managed teams, but in an open culture based on the principles of self-organization and self-discipline, a characteristic of agile teams. One of the key determinants of a company’s competitive advantage is employee effectiveness and commitment. Moreover, there are few publications covering research on employee effectiveness in agile teams. Therefore, the overarching goal of this article is to identify the motivators influencing the commitment and effectiveness of agile teams. In order to achieve the desired goal, an analysis of the research on the effectiveness and commitment of employees of a selected Polish IT company within the industry was conducted. As a result of the analysis of the obtained research results, seven determinants were developed, which have the greatest importance for agile teams and their motivation and effectiveness. Moreover, as the concluded research results show, the use of agile team models and open innovation positively affects the efficiency and commitment of employees.

show abstract

Investor Segments by Perceived Project Risk and Their Characteristics Based on Primary Research Results

Garai-Fodor

Szemere

Csiszárik-Kocsir

2022

Risks

View full text Add to dashboard Cite

Our research focuses on investment initiatives. The perceived risks are analysed from the consumer’s viewpoint, i.e., the client’s perspective, from the standpoint of the project. In the literature, there are several risk interpretations and classifications. We assumed it could be interesting and valuable to approach investment projects from a consumer-oriented viewpoint, considering that the perceived and consumer-identified set of risks is a major determinant of the outcome of a decision. In addition to relevant secondary sources, we also present partial results of our primary research project. A pre-tested, standardised online questionnaire was employed in the primary study, using a snowball sampling approach generating 1545 evaluable questionnaires. As a result of the research, we were able to segment the customer (investor) target groups into various categories depending on the perceived project risk. We have established the orientation directions along which these segments may well be meaningfully described in terms of perceived investment risk concerns and socio-demographic characteristics that influence cluster membership. In our opinion, the findings may be a useful source of information for investment project developers looking to identify consumer groups based on risk perception and build project solutions for them.

show abstract

Key risk factors in IT projects managed with the use of agile methods

Cited by 4 publications

References 0 publications

Sustainable Risk Management in IT Enterprises

Sustainable Risk Management in IT Enterprises

Motivators Influencing the Efficiency and Commitment of Employees of Agile Teams

Investor Segments by Perceived Project Risk and Their Characteristics Based on Primary Research Results

Contact Info

Product

Resources

About