Risk Profiles in Individual Software Development and Packaged Software Implementation Projects: A Delphi Study at a German-Based Financial Services Company

Stefan Hoermann, Michael Schermann, Marco Aust and Helmut Krcmar ()
Additional contact information
Stefan Hoermann: Department of Information Systems, Technische Universität München, Garching, Germany
Michael Schermann: Department of Information Systems, Technische Universität München, Garching, Germany
Marco Aust: Zielpuls GmbH, Munich, Germany

International Journal of Information Technology Project Management (IJITPM), 2014, vol. 5, issue 4, 1-23

Abstract: The aim of this paper is to compare risk profiles of individual software development (ISD) and packaged software implementation (PSI) projects. While researchers have investigated risks in either PSI projects or ISD projects, an integrated perspective on how the risk profiles of these two types of information system (IS) projects differ is missing. To explore these differences, this work conducted a Delphi study at a German-based financial services company. The results suggest that: First, ISD projects seem to be more heterogeneous and face a larger variety of risks than the more straightforward PSI projects. Second, ISD projects seem to be particularly prone to risks related to sponsorship, requirements, and project organization. Third, PSI projects tend to be predominantly subject to risks related to technology, project planning, and project completion. Finally, in contrast to available lists of risks in IS projects and irrespective of the project type, the paper found a surprisingly high prominence of technology and testing-related risks.

Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://services.igi-global.com/resolvedoi/resolve. ... 18/ijitpm.2014100101 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:igg:jitpm0:v:5:y:2014:i:4:p:1-23

Access Statistics for this article

International Journal of Information Technology Project Management (IJITPM) is currently edited by John Wang

More articles in International Journal of Information Technology Project Management (IJITPM) from IGI Global
Bibliographic data for series maintained by Journal Editor ().