Enhancing IT Project Success Through Risk and Vulnerability Management: The Armenian Case

Abstract

The research aimed to identify and evaluate the risks associated with IT projects, particularly focusing on their impacts. Despite numerous efforts, a significant number of software projects still fail to achieve success; however, these risks can be effectively managed. This study outlines methodologies for examining how different risks influence software projects, using statistical analyses and models to uncover causal relationships. A survey was also conducted to assess critical risk factors, highlighting three key factors that have the greatest influence. The findings suggest that addressing these factors can improve decision-making, thereby increasing the likelihood of project success

Keywords

• : armenian it organizations
• it risk strategies
• risk management
• risk analysis
• risk identification
• risk monitoring
• financial risks