Multiphase Assessment of Project Risk Interdependencies: Evidence from a University ISD Project in Taiwan |
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Authors: | Wenli Hwang Bo Hsiao Houn‐Gee Chen Ching‐Chin Chern |
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Affiliation: | 1. Department of Risk Management and Insurance, Shih Chien University, Department of Information Management, National Taiwan University, Taipei, Taiwan;2. Department of Information Management, Chang Jung Christian University, Tainan, Taiwan;3. Department of Business Administration, National Taiwan University, Taipei, Taiwan;4. Department of Information Management, National Taiwan University, Taipei, Taiwan |
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Abstract: | Project risks evolve dynamically, so variations in risk influences during the life cycle of an information system development project require analyses to devise risk management strategies cost effectively and at the appropriate stages. This study extends the Decision Making Trial and Evaluation Laboratory technique, using network theory, to assess the risk interdependencies for distinct project phases. A multiphase observation of a university information system development project in Taiwan provides a more in‐depth understanding of the key risk factors. To enhance risk assessments, this study proposes integrating an interdependency indicator with risk exposure measures. |
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Keywords: | information system development project Decision Making Trial and Evaluation Laboratory (DEMATEL) risk interdependency project development phase network theory |
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