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Evaluation of Frameworks for Risk Scheduling and Requirement Volatility with Quality Standards in ICT Project

Author(s): Malaya Kumar Nayak | Dr Sanghamitra Mohanty

Journal: International Journal of Computer Applications
ISSN 0975-8887

Volume: 29;
Issue: 2;
Start page: 1;
Date: 2011;
Original page

Keywords: Risk planning | ICT | Risk Scheduling | Project planning | Requirement volatility

One of the most critical factors of risk scheduling in ICT project has been found to be requirement volatility. The reason of excessive failure rates in ICT project is identified to be imprecise requirement analysis, frequently changing requirements, inability of project leader to schedule the risk with proper effective plan considering cost and resources involved and adaption of inappropriate risk scheduling concepts. Maximum research in this area is to generate a new framework for mitigating such issues from scratch, which is again not at all cost effective and reliable. This research journal focuses mainly on the organization practicing quality standards like TQM, ISO, CMM etc., with diversified risk scheduling frameworks which has been comparatively discussed for find their effectiveness. Based on the discussion, certain suggestion has been made which will be of high value for future researchers for mitigating risk in terms of requirement volatility.
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