Based on an international comparative research, here are the top 16 software project risks in the Canadian financial services sector.
In the U.S., the top three software project risks are lack of top management commitment to the project, misunderstanding requirements and not managing change properly.
As you can see, most of the software project risks center on poor requirements management.
- Misunderstanding the requirements
- Failure to manage end user expectations
- Unclear/misunderstood scope/objectives
- Scope creep
- Lack of dedicated, full-time project resources
- Lack of frozen requirements
- Bad estimation
- Not managing change properly
- Lack of top management commitment to the project
- No planning or inadequate planning
- Lack of available skilled personnel
- Lack of effective project management skills
- Improper definition of roles and responsibilities
- Failure to identify all stakeholders
- Changing scope/objectives
- Poor risk management
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Tags: Canada, requirements, software project risks