Contemporary Techniques for IS project Risk Management

Abstract

Managing risks in modern businesses is a taxing venture that demand informed strategy for competitive advantage. While risks are inevitable in any IS projects, mitigatingtheir adverse effectsis the aim of all risk managers. A soapbox of mechanisms exist in actualizing effective risk management.Nonetheless, with the dynamic technological change,there isa constant emergenceof new risks hence necessitating newermethods to manage them.This study endeavours to critically review contemporary techniques for IS project management,