Which Risks Are Most Common?

In my last post, I discussed the importance of senior executive involvement in the risk management function. In this post, I'll take a look at some common risks. There is no universally accepted set of risk definitions; however industry experts agree that they fall into the following broad categories:

Project - the risk that an IT project will fail to meet objectives due to poorly defined requirements; inadequate project sponsorship; loss of project resources; project scope; insufficient project management processes or organizational maturity.