Generalized Modular Method of Project Risk Management

О.D. Міkhnova, А.V. Міkhnova

Èlektron. model. 2024, 46(5):92-103

https://doi.org/10.15407/emodel.46.05.092

ABSTRACT

The article discusses risk management models and frameworks implemented during the development of multi-user cross-platform distributed IT projects. For this class of projects, the use of quantitative risk assessment methods, rules for absorbing and adding risks, which make it pos­sible to systematically assess the likelihood of negative events and their impact on each stage of the project, are observed. Authors propose a method of modular risk management, present the main indicators for assessing the progress of the implementation of the i-th module and its operational ma­nagement, and provide a formula for calculating project efficiency. These calculated indicators can be used to estimate the cost of resources at a certain point in time, estimate the timeframe for completing the module, and decide on the feasibility of further development.

KEYWORDS

IT project efficiency, project management, risk management, risk registry, Stage and Gate method.

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