Systemic risk might jeopardize your IT project portfolio: A qualitative evaluation of risk measures

IT project portfolios consist of various projects which depend on each other. Including additional IT projects, which are interdependent with existing ones, affects the IT portfolio’s systemic risk, which arises from these interdependencies. To handle this risk, organizations must quantitatively an...

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Main Authors: Julia Amend, Florian Guggenmos, Nils Urbach, Gilbert Fridgen
Format: Article
Language:English
Published: UMinho Editora 2025-07-01
Series:International Journal of Information Systems and Project Management
Subjects:
Online Access:https://revistas.uminho.pt/index.php/ijispm/article/view/6706
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author Julia Amend
Florian Guggenmos
Nils Urbach
Gilbert Fridgen
author_facet Julia Amend
Florian Guggenmos
Nils Urbach
Gilbert Fridgen
author_sort Julia Amend
collection DOAJ
description IT project portfolios consist of various projects which depend on each other. Including additional IT projects, which are interdependent with existing ones, affects the IT portfolio’s systemic risk, which arises from these interdependencies. To handle this risk, organizations must quantitatively analyze the systemic risk of their IT portfolio. However, an overview and evaluation of risk measures for quantitatively analyzing systemic risk in IT portfolios has been missing. In our study, we first conducted a structured literature review to identify risk measures. We then determined evaluation criteria based on mathematical considerations on how risk measures can be modeled and insights from our literature review. Subsequently, we performed a qualitative, criteria-based evaluation to clarify which risk measure fits specific use cases. Finally, we delineated our findings as three recommendations. Our research supports organizations in better analyzing systemic risk in their IT portfolios by selecting the most appropriate risk measure according to their data or use case, contributing to a more successful IT portfolio management.
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spelling doaj-art-8ebe2f7daa12479e9027a2f2cc5a59a82025-08-20T03:14:09ZengUMinho EditoraInternational Journal of Information Systems and Project Management2182-77882025-07-0113310.12821/ijispm130301Systemic risk might jeopardize your IT project portfolio: A qualitative evaluation of risk measuresJulia Amend0Florian Guggenmos1Nils Urbach2Gilbert Fridgen3FIM Research CenterFIM Research CenterFrankfurt University of Applied SciencesUniversity of Luxembourg IT project portfolios consist of various projects which depend on each other. Including additional IT projects, which are interdependent with existing ones, affects the IT portfolio’s systemic risk, which arises from these interdependencies. To handle this risk, organizations must quantitatively analyze the systemic risk of their IT portfolio. However, an overview and evaluation of risk measures for quantitatively analyzing systemic risk in IT portfolios has been missing. In our study, we first conducted a structured literature review to identify risk measures. We then determined evaluation criteria based on mathematical considerations on how risk measures can be modeled and insights from our literature review. Subsequently, we performed a qualitative, criteria-based evaluation to clarify which risk measure fits specific use cases. Finally, we delineated our findings as three recommendations. Our research supports organizations in better analyzing systemic risk in their IT portfolios by selecting the most appropriate risk measure according to their data or use case, contributing to a more successful IT portfolio management. https://revistas.uminho.pt/index.php/ijispm/article/view/6706IT portfolioIT projectsystemic riskrisk measurequalitative evaluation
spellingShingle Julia Amend
Florian Guggenmos
Nils Urbach
Gilbert Fridgen
Systemic risk might jeopardize your IT project portfolio: A qualitative evaluation of risk measures
International Journal of Information Systems and Project Management
IT portfolio
IT project
systemic risk
risk measure
qualitative evaluation
title Systemic risk might jeopardize your IT project portfolio: A qualitative evaluation of risk measures
title_full Systemic risk might jeopardize your IT project portfolio: A qualitative evaluation of risk measures
title_fullStr Systemic risk might jeopardize your IT project portfolio: A qualitative evaluation of risk measures
title_full_unstemmed Systemic risk might jeopardize your IT project portfolio: A qualitative evaluation of risk measures
title_short Systemic risk might jeopardize your IT project portfolio: A qualitative evaluation of risk measures
title_sort systemic risk might jeopardize your it project portfolio a qualitative evaluation of risk measures
topic IT portfolio
IT project
systemic risk
risk measure
qualitative evaluation
url https://revistas.uminho.pt/index.php/ijispm/article/view/6706
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AT nilsurbach systemicriskmightjeopardizeyouritprojectportfolioaqualitativeevaluationofriskmeasures
AT gilbertfridgen systemicriskmightjeopardizeyouritprojectportfolioaqualitativeevaluationofriskmeasures