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The management of risk is considered a key discipline by the Project Management Institute and the Association for Project Management. However, knowledge of what needs to be done frequently fails to result in action consistent with that knowledge. The reasons for this seem to have received little attention. This study researched the degree of use of project risk management and barriers that prevent IT project managers from using risk management. Interviews and a survey were carried out. The results show that, in one-third of cases, because of the problem of cost justification, no formal project risk management process was applied. KEYWORDS: IT projects; risk management; rationality

TREND NO. 1 Tightfisted Budgets Loosen a Bit Yet the economy continues to cast a shadow of uncertainty over the best-laid tech spending plans. WHEN Bogdan Butoi-Teodorescu, chief technology officer […]

Sometimes, when you take a risk on a new service or technology, you get more than you paid for. Rodric O'Connor discovered that his customer relationship management (CRM) application service […]

When FMC Corp. recently sold 40 boxcars of soda ash, one customer used a browser to enter confidential order information directly into the company's SAP system - or so he […]

Being a company with a product can sometimes get in the way of doing business in the digital economy. At least that's what many start-ups are learning. Bill Tomeo, CEO […]

Data mining and analysis might become more pervasive with the arrival of digiMine Inc., an application service provider (ASP) that officially opens for business this week. The Kirkland, Wash.-based ASP, […]

More application service providers (ASP) are flying in the face of the one-to-one mantra of Internet supporters. They're using value-added resellers (VAR) as middlemen to attract information technology managers who […]

Kevin Cornish, information technology director at DigitalThink Inc., was nervous. His Web-based training company in San Francisco - essentially an application service provider (ASP) - had won the contract to […]

NEXT TIME your Local hot spot advertises live music, or your favorite DJ spins a new tune on the radio, it's likely that their contracts to license those songs will […]

Talk of recession is once again putting cost-cutting uppermost on IT executives' minds. That's good news for managed service providers. But Sandip Gupta says he can go one better than […]

WEATHER.COM, the online arm of Atlanta-based Weather Channel Interactive Inc., last month moved its final customer-facing, proprietary application to open source. Chief Technology Officer Dan Agronow doesn't say whether his […]

Akamai Technologies Inc. is well known for boosting the performance of browser-based applications. This week, the Cambridge, Mass.-based company is rolling out its IP Application Acceleration service for apps that […]

Internet location information ... is a boon to an array of Web operations. Today, numerous companies use a service from Quova Inc. in Mountain View, Calif., that lets them determine […]

Kids get tech boost ... from teaching service. Barclay Burns likens using software to using symbol systems such as languages and mathematics. And the best way for students to gain […]

Test and Grade App Security ... with a new service. Whether it's with your own custom code or a packaged application, software security is one of the biggest unknowns. Did […]

Mobile Tools Migrate From ... kids to mainstream business operations. IT has always had to contend with consumer gadgets sneaking into the office. But mobile devices and services are blurring […]

Before you hit the road ... check out MyRide.com. Americans' love affair with their cars is legendary. (That's why we need all those AAA maps.) In fact, according to Mark […]

IT Protects IP First; Customer Data ... well, that's not as important. That's the finding from a survey of 1,500 IT leaders in five countries by London-based Datamonitor PLC for […]

'Applications don't just break ... they degrade over time.' And that's much worse, says Amal Chaudhuri, president of SignaCert Inc. in Portland, Ore. You immediately notice when an app fails, […]

Blogs may be destined to ... take a downward turn. Gartner Inc. predicts that blogs will reach their zenith this year, then start to slide in popularity. That gutsy forecast […]

Overseas troops have collaboration tool ... at their fingertips--for free. Kary Zate, a marketing manager at WebEx Communications Inc. in Santa Clara, Calif., thinks it's about time the online conferencing […]

Gather your dispersed development team ... in a single (virtual) space. Such is the vision of Darren Levy, founder of GatherSpace.com, an online service offered by Levy Consulting Inc. According […]

Highlight info on the Internet ... via an online service. A free, ad-based service offered by i-Lighter Inc. lets end users highlight content on a Web page and save it […]

Live video is becoming a vital ... business service. So says Andy Howard, director of marketing at VBrick Systems Inc. He claims that companies are ratcheting up their use of […]

IT budget priorities shift from ... services to hardware. Analysis by GCR Custom Research LLC reveals that IT has migrated some of its projected spending from IT services to hardware. […]

Managing a Project Portfolio Only ... covers a small part of your overall budget for the internal IT services you provide to end users. You know that. Vendors do, too, […]

... to other sites after Web errors. In a Harris Interactive Inc. poll of 2,790 adults that was conducted in late August for San Francisco-based Web analytics vendor TeaLeaf Technology […]

... a hosted service. By month's end, Electric Mail Co.'s Vault Smart e-mail archiving service is scheduled to exit its beta stage and become generally available. Ian McDonald, general manager […]

... via an online integration service. Software as a service may have to make room for integration as a service, if Andrew Dent has his way. Dent is chief technology […]

... disaster recovery strategy. Well, maybe not officially, but you might conclude as much by looking at the results of a survey of 57 high-level executives from companies with annual […]

... Get answers. Ever encounter a term or phrase in a document that perplexes you? Join the club. If you happen to have a cool, free applet from Jerusalem-based Answers […]

... the effort. John Bostick, CEO of dbaDirect Inc. in Florence, Ky., says the database management services provider is undergoing the third annual Statement on Auditing Standards 70 Type II […]

... internal SOA projects. With IT departments mesmerized by the potential productivity paybacks of service-oriented architectures (SOA), it isn't illogical for them to consider that their component-based J2EE and .Net […]

... users don't necessarily follow. Josh Weiss, a project manager at Sage Research Inc., the technology division of Boston-based research firm Chadwick Martin Bailey Inc., says analysts at his company […]

... in the world of IT? Well, how about a bilingual personalized 511 service? If you live in an urban region of the U.S. that offers 511 traffic reports, you […]

... the features in Web apps. Andre Charland, CEO of eBusiness Applications Ltd. in North Vancouver, British Columbia, says that although Asynchronous JavaScript and XML tools have been around for […]

... locate it via TV signals. John Metzler, director of business development at Rosum Corp. in Mountain View, Calif., suggests that as laptop vendors begin to add television tuners to […]

... for Keanu Reeves. The IT Compliance Institute (ITCI) in Seattle has unveiled its twelfth compliance matrix for IT pros who want an overview of a regulatory topic as well […]

... while it lasted. The long rise from data processing manager to the corner office and C-level title may be coming to an end, especially if your company is in […]

... wayward portable disk drives. If you equip your mobile workers with portable disk drives and they occasionally get lost (the drives, not your workers), you might be interested in […]

... out the health of your systems. Andrew Chodelski, vice president of marketing at SekChek Information Protection Services CC, says the Woodmead, South Africa-based company has been collecting data about […]

Service-oriented architecture is not the next "rapid prototyping," "extreme programming" or other trendy IT development technique. Done right, it's a state of mind for your entire business. [ILLUSTRATION OMITTED] And […]

... could spark new IT initiatives. Although consumers will be the most obvious beneficiaries of the nascent market for broadband over power lines (BPL), 'CIOs will get advantages, too,' says […]

... for your Windows PCs. On Feb. 1, WebEx Communications Inc. will make a hosted set of desktop systems management services available. Gary Griffiths, vice president of products at the […]

... without hurting local performance for end users? Now there's a wish held by many IT pros. Chris Williams, chief marketing officer at Expand Networks Inc. in Roseland, N.J., claims […]

... browsers via an RSS tool. Later this month, Know Now Inc. in Sunnyvale, Calif., will add support for the Firefox and Safari Web browsers to the eLerts feature in […]

... for remote, online backups. Matt Medeiros observes that Hurricane Katrina should have disabused folks of the notion that storing backups across a campus or even across town is a […]

... e-mail on their Treos. This week, Everyone.net Inc. in San Jose is launching a push e-mail service for Palm Treo users via a $39 ChatterEmail client. According to (no […]

... on an almost daily basis. That has been Rich Lee's experience since the compliance craze hit IT last year. Lee is CEO of Hosted Solutions LLC in Cary, N.C., […]